ATCO Ltd. (OTCMKTS:ACLLF) Given Consensus Rating of “Hold” by Analysts

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have earned an average rating of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

ACLLF has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research note on Monday, April 20th. TD Securities reissued a “hold” rating on shares of ATCO in a research note on Friday. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research note on Thursday. Scotiabank restated a “sector perform” rating on shares of ATCO in a report on Thursday. Finally, BMO Capital Markets restated an “outperform” rating on shares of ATCO in a report on Thursday.

ATCO Price Performance

Shares of ACLLF traded up $0.09 during mid-day trading on Friday, hitting $49.82. 215 shares of the company traded hands, compared to its average volume of 5,807. ATCO has a one year low of $34.71 and a one year high of $52.20. The business has a 50-day moving average of $49.17 and a 200 day moving average of $43.80.

ATCO Company Profile

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.