Robert W. Baird Lowers Atento (ATTO) Price Target to $8.00
Atento (NYSE:ATTO) had its price objective reduced by analysts at Robert W. Baird from $10.00 to $8.00 in a research report issued on Thursday. The firm presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective would indicate a potential upside of 35.36% from the company’s current price.
Several other research firms have also recently issued reports on ATTO. Zacks Investment Research raised shares of Atento from a “strong sell” rating to a “hold” rating in a research report on Monday, October 1st. ValuEngine raised shares of Atento from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 11th. Finally, Barrington Research set a $14.00 price objective on shares of Atento and gave the company a “buy” rating in a research report on Thursday, November 1st. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Atento has a consensus rating of “Hold” and an average price target of $10.83.
Atento stock opened at $5.91 on Thursday. The stock has a market capitalization of $465.63 million, a price-to-earnings ratio of 7.88, a P/E/G ratio of 0.98 and a beta of 0.44. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.51 and a quick ratio of 1.51. Atento has a 1 year low of $5.45 and a 1 year high of $10.45.
Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.
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