Atlas Engineered Products (CVE:AEP) PT Set at C$1.50 by Raymond James

Atlas Engineered Products (CVE:AEP - Get Free Report) has been assigned a C$1.50 price objective by investment analysts at Raymond James in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Raymond James' price objective indicates a potential upside of 78.57% from the stock's previous close.

Separately, Desjardins set a C$1.50 target price on Atlas Engineered Products and gave the company a "buy" rating in a research note on Wednesday, April 16th.

Atlas Engineered Products Stock Performance

AEP stock traded up C$0.04 during midday trading on Wednesday, hitting C$0.84. The stock had a trading volume of 435,910 shares, compared to its average volume of 104,072. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. The stock has a 50-day simple moving average of C$0.83 and a 200 day simple moving average of C$1.02. Atlas Engineered Products has a 52 week low of C$0.72 and a 52 week high of C$1.54. The firm has a market capitalization of C$61.82 million, a price-to-earnings ratio of 32.85 and a beta of 1.13.

Atlas Engineered Products Company Profile

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.

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