ATS (TSE:ATS) Price Target Raised to C$57.00

ATS (TSE:ATS) had its price target upped by National Bankshares from C$54.00 to C$57.00 in a research note released on Monday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Separately, Scotiabank raised shares of ATS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$48.60.

ATS Stock Performance

Shares of ATS stock opened at C$36.77 on Monday. ATS has a fifty-two week low of C$29.81 and a fifty-two week high of C$45.43. The firm has a market capitalization of C$3.56 billion, a price-to-earnings ratio of -735.40 and a beta of 1.05. The stock’s 50-day simple moving average is C$36.99 and its 200-day simple moving average is C$38.98.

ATS (TSE:ATS) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.45 EPS for the quarter. The firm had revenue of C$728.46 million during the quarter. ATS had a net margin of 3.24% and a return on equity of 5.25%.

ATS Company Profile

ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company’s products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products.