ATCO Ltd. (ACLLF) – What Are Brokerages Thinking About This Stock?

ATCO Ltd. (OTCMKTS:ACLLF) has received an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of research analysts recently weighed in on the stock. Scotiabank reaffirmed a “sector perform” rating on shares of ATCO in a research report on Tuesday, July 21st. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a report on Thursday, October 8th. TD Securities raised shares of ATCO from a “hold” rating to a “buy” rating in a report on Wednesday, October 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of ATCO in a research report on Friday, July 17th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a research report on Thursday, July 30th.

ATCO Trading Up 0.3%

OTCMKTS:ACLLF opened at $61.49 on Friday. ATCO has a 52-week low of $37.98 and a 52-week high of $61.66. The stock has a 50-day simple moving average of $54.71 and a 200 day simple moving average of $51.34.

ATCO Company Profile

ATCO Ltd. is a diversified Canadian company headquartered in Calgary, Alberta. Through its subsidiaries and business units, the company develops, owns and operates infrastructure and provides services supporting communities, businesses and industries.

ATCO’s activities include electricity generation, transmission and distribution; natural gas transmission, storage and distribution; and energy infrastructure development. The company also provides modular buildings, workforce accommodations, logistics and site-support services through its Structures & Logistics operations, as well as facility operations and maintenance services through its broader infrastructure and support-services businesses.