ATCO Ltd. (OTCMKTS:ACLLF) Given Average Recommendation of “Hold” by Brokerages

ATCO Ltd. (OTCMKTS:ACLLF) has been given an average rating of “Hold” by the six analysts that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several research analysts have recently weighed in on ACLLF shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research report on Friday, July 17th. Scotiabank reaffirmed a “sector perform” rating on shares of ATCO in a research note on Tuesday, July 21st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a report on Thursday, July 30th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of ATCO in a research note on Thursday, July 30th.

ATCO Stock Performance

ACLLF stock opened at $51.99 on Thursday. The company’s fifty day simple moving average is $54.23 and its 200 day simple moving average is $51.59. ATCO has a 12-month low of $34.71 and a 12-month high of $58.06.

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.