ATCO Ltd. (TSE:ACO.X) Stock Rating Upgraded by TD Securities

ATCO Ltd. (TSE:ACO.X) was upgraded by analysts at TD Securities from a “hold” rating to a “buy” rating in a report released on Friday, October 27th. The brokerage presently has a C$53.00 target price on the stock, up from their prior target price of C$52.00. TD Securities’ price objective would suggest a potential upside of 15.09% from the stock’s current price.

Other research analysts have also issued research reports about the company. BMO Capital Markets reiterated a “market perform” rating and issued a C$46.00 price target on shares of ATCO in a research report on Wednesday, August 2nd. National Bank Financial dropped their price target on ATCO from C$53.00 to C$52.00 and set a “sector perform” rating for the company in a research report on Friday, October 27th.

ATCO (TSE ACO.X) opened at C$46.05 on Friday. ATCO has a 12-month low of C$42.01 and a 12-month high of C$53.37.

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ATCO Company Profile

Atco Ltd is a Canada-based company, which offers infrastructure solutions to customers around the world. The Company’s segments include Structures & Logistics, Electricity, Pipelines & Liquids and Corporate & Other. Its Structures & Logistics segment consists of ATCO Structures & Logistics, ATCO Frontec and ATCO Sustainable Communities.

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