ATS Automation Tooling Systems (ATA) Price Target Raised to C$20.00 at Scotiabank
ATS Automation Tooling Systems (TSE:ATA) had its target price lifted by Scotiabank from C$19.00 to C$20.00 in a research report sent to investors on Thursday. Scotiabank currently has an outperform rating on the stock.
A number of other equities analysts also recently weighed in on the stock. Royal Bank of Canada increased their price target on shares of ATS Automation Tooling Systems from C$15.00 to C$16.00 and gave the stock a sector perform rating in a research note on Thursday. TD Securities increased their price target on shares of ATS Automation Tooling Systems from C$15.00 to C$17.00 and gave the stock a buy rating in a research note on Thursday, November 9th.
Shares of ATS Automation Tooling Systems (TSE ATA) opened at C$16.21 on Thursday. The stock has a market cap of $1,520.00, a P/E ratio of 38.60 and a beta of 0.90. ATS Automation Tooling Systems has a 1 year low of C$11.23 and a 1 year high of C$17.43.
In other news, insider Stewart Mccuaig sold 15,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of C$15.90, for a total value of C$238,500.00. Also, insider Chuck Gyles sold 3,200 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of C$14.90, for a total transaction of C$47,680.00. In the last ninety days, insiders have sold 18,216 shares of company stock worth $286,421.
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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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