TD Securities Has Lowered Expectations for ATS (TSE:ATS) Stock Price

ATS (TSE:ATS - Free Report) had its target price lowered by TD Securities from C$58.00 to C$54.00 in a report published on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Scotiabank set a C$43.00 price target on ATS and gave the stock a "hold" rating in a report on Tuesday, April 29th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$50.17.

ATS Stock Down 2.7%

Shares of TSE ATS traded down C$1.04 on Monday, hitting C$38.20. The company had a trading volume of 15,879 shares, compared to its average volume of 232,839. ATS has a 12-month low of C$29.81 and a 12-month high of C$48.19. The firm has a market capitalization of C$3.76 billion, a P/E ratio of 42.08 and a beta of 1.36. The business has a 50 day moving average of C$35.93 and a two-hundred day moving average of C$39.76.

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.