ATS Automation Tooling Systems Inc. (ATA) Receives Average Rating of “Buy” from Brokerages
ATS Automation Tooling Systems Inc. (TSE:ATA) has received a consensus recommendation of “Buy” from the six ratings firms that are covering the stock. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$12.33.
A number of equities research analysts recently commented on ATA shares. Scotiabank reissued an “outperform” rating and issued a C$13.00 price target on shares of ATS Automation Tooling Systems in a research report on Thursday, September 8th. TD Securities reissued a “hold” rating and issued a C$11.50 price target on shares of ATS Automation Tooling Systems in a research report on Thursday, August 18th. Finally, Paradigm Capital raised ATS Automation Tooling Systems from a “sell” rating to a “hold” rating and increased their price target for the company from C$8.00 to C$10.00 in a research report on Thursday, August 18th.
ATS Automation Tooling Systems (TSE:ATA) traded up 0.10% during trading on Tuesday, reaching $9.75. 48,410 shares of the company’s stock were exchanged. The firm has a market cap of $902.51 million and a price-to-earnings ratio of 24.38. ATS Automation Tooling Systems has a 12 month low of $8.29 and a 12 month high of $13.08. The firm’s 50-day moving average price is $10.99 and its 200-day moving average price is $10.52.
ATS Automation Tooling Systems Company Profile
ATS Automation Tooling Systems Inc (ATS) is an automation solutions provider. The Company is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. The Automation Systems segment designs and builds custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.
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