ATCO Ltd. (OTCMKTS:ACLLF) Receives Consensus Recommendation of “Hold” from Brokerages

ATCO Ltd. (OTCMKTS:ACLLF) has been assigned an average rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

A number of analysts recently commented on ACLLF shares. Scotiabank restated a “sector perform” rating on shares of ATCO in a research report on Thursday, May 7th. TD Securities restated a “hold” rating on shares of ATCO in a research report on Friday, May 8th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a research report on Monday, April 20th. Royal Bank Of Canada restated a “sector perform” rating on shares of ATCO in a research report on Thursday, May 7th. Finally, BMO Capital Markets restated an “outperform” rating on shares of ATCO in a research report on Thursday, May 7th.

ATCO Stock Performance

ACLLF opened at $50.90 on Tuesday. ATCO has a 12 month low of $34.71 and a 12 month high of $52.20. The company has a fifty day simple moving average of $50.18 and a 200 day simple moving average of $45.65.

ATCO Company Profile

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.