ATCO Ltd. (TSE:ACO.X) has been assigned a C$46.00 price target by stock analysts at Desjardins in a research note issued on Thursday. The brokerage presently has a “hold” rating on the stock.

A number of other equities research analysts also recently weighed in on the company. TD Securities lifted their price objective on ATCO from C$50.00 to C$53.00 and gave the company a “buy” rating in a report on Thursday, July 28th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a C$45.00 price objective on shares of ATCO in a report on Thursday, October 27th. National Bank Financial boosted their target price on ATCO from C$49.00 to C$50.00 in a report on Thursday, July 28th. RBC Capital Markets boosted their target price on ATCO from C$40.00 to C$45.00 in a report on Thursday, July 28th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a C$45.00 target price on shares of ATCO in a report on Thursday, July 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$47.50.

Analyst Recommendations for ATCO (TSE:ACO.X)

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About ATCO

Atco Ltd is a Canada-based company, which offers infrastructure solutions to customers around the world. The Company’s segments include Structures & Logistics, Electricity, Pipelines & Liquids and Corporate & Other. Its Structures & Logistics segment consists of ATCO Structures & Logistics, ATCO Frontec and ATCO Sustainable Communities.

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