Scotiabank set a C$43.00 target price on ATS (TSE:ATS - Free Report) in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a hold rating on the stock.
Separately, TD Securities increased their target price on shares of ATS from C$56.00 to C$58.00 and gave the stock a "buy" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$50.83.
Check Out Our Latest Report on ATS
ATS Stock Up 1.9 %
TSE:ATS traded up C$0.68 on Tuesday, reaching C$35.61. 103,954 shares of the company's stock were exchanged, compared to its average volume of 243,221. The firm has a market capitalization of C$3.50 billion, a price-to-earnings ratio of 39.23 and a beta of 1.36. ATS has a 52-week low of C$29.81 and a 52-week high of C$48.19. The business has a fifty day moving average of C$36.59 and a 200-day moving average of C$40.13.
About ATS
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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.
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