ATS (TSE:ATS) PT Set at C$43.00 by Scotiabank

ATS (TSE:ATS - Get Free Report) received a C$43.00 price objective from research analysts at Scotiabank in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a "hold" rating on the stock. Scotiabank's price objective would suggest a potential upside of 23.17% from the stock's previous close.

Separately, TD Securities boosted their price target on shares of ATS from C$56.00 to C$58.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, ATS has a consensus rating of "Moderate Buy" and a consensus target price of C$50.83.

ATS Stock Down 1.2 %

Shares of TSE ATS traded down C$0.42 during trading hours on Tuesday, reaching C$34.91. 47,838 shares of the stock traded hands, compared to its average volume of 246,721. The company's 50-day simple moving average is C$37.11 and its two-hundred day simple moving average is C$40.28. ATS has a 52-week low of C$29.81 and a 52-week high of C$48.19. The company has a market capitalization of C$3.43 billion, a P/E ratio of 38.46 and a beta of 1.36.

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.

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