ATCO Ltd. (OTCMKTS:ACLLF) Given Average Rating of “Hold” by Analysts

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several analysts have recently issued reports on ACLLF shares. TD Securities reissued a “hold” rating on shares of ATCO in a research report on Friday, May 8th. Scotiabank reaffirmed a “sector perform” rating on shares of ATCO in a report on Tuesday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of ATCO in a research note on Friday. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a 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 Trading Up 0.2%

Shares of OTCMKTS:ACLLF opened at $55.20 on Wednesday. ATCO has a twelve month low of $34.71 and a twelve month high of $56.09. The company has a 50-day moving average price of $51.75 and a two-hundred day moving average price of $48.44.

About ATCO

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.