ATS Automation Tooling Systems Inc. (ATA) Price Target Increased to C$13.00 by Analysts at TD Securities
ATS Automation Tooling Systems Inc. (TSE:ATA) had its target price lifted by TD Securities from C$11.50 to C$13.00 in a research report released on Friday morning. They currently have a hold rating on the stock.
A number of other research analysts have also recently issued reports on ATA. Scotiabank boosted their price objective on shares of ATS Automation Tooling Systems from C$13.50 to C$16.50 and gave the company an outperform rating in a report on Thursday, February 9th. RBC Capital Markets boosted their price objective on shares of ATS Automation Tooling Systems from C$12.00 to C$13.00 and gave the company a sector perform rating in a report on Thursday, February 9th. Royal Bank Of Canada restated a sector perform rating and set a C$12.00 price objective on shares of ATS Automation Tooling Systems in a report on Friday, February 3rd. Finally, Paradigm Capital upgraded shares of ATS Automation Tooling Systems from a sell rating to a hold rating and boosted their price objective for the company from C$8.00 to C$13.00 in a report on Thursday, February 9th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of C$13.70.
Shares of ATS Automation Tooling Systems (TSE:ATA) traded up 3.93% on Friday, hitting $13.75. The company had a trading volume of 419,445 shares. The company has a 50-day moving average of $12.77 and a 200 day moving average of $11.33. The stock has a market cap of $1.27 billion and a PE ratio of 44.35. ATS Automation Tooling Systems has a 12 month low of $8.63 and a 12 month high of $13.80.
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In other news, insider Helmut Hock sold 35,400 shares of the company’s stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of C$13.10, for a total value of C$463,740.00. Also, Director Anthony Caputo sold 2,800 shares of the company’s stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of C$13.30, for a total transaction of C$37,240.00. Insiders sold 70,300 shares of company stock valued at $902,971 in the last quarter.
About ATS Automation Tooling Systems
ATS Automation Tooling Systems Inc (ATS) is an automation solutions provider. The Company is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. The Automation Systems segment designs and builds custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.
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