ATS Automation Tooling Systems (TSE:ATA) had its target price increased by Royal Bank of Canada from C$20.00 to C$22.00 in a research report released on Friday morning. The brokerage currently has a sector perform rating on the stock.

Several other brokerages also recently commented on ATA. TD Securities upped their price objective on shares of ATS Automation Tooling Systems from C$22.00 to C$24.00 and gave the company a buy rating in a research note on Thursday, August 16th. Scotiabank upped their price objective on shares of ATS Automation Tooling Systems from C$20.00 to C$23.00 and gave the company an outperform rating in a research note on Friday, May 18th.

Shares of TSE:ATA opened at C$21.60 on Friday. ATS Automation Tooling Systems has a 12 month low of C$11.99 and a 12 month high of C$21.69.

In other news, insider Thomas Wildt sold 10,300 shares of the company’s stock in a transaction dated Thursday, May 31st. The shares were sold at an average price of C$20.13, for a total transaction of C$207,339.00.

ATS Automation Tooling Systems Company Profile

ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.

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