ATS (TSE:ATS – Free Report) had its target price lowered by TD Securities from C$70.00 to C$67.00 in a research report report published on Friday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.
Other equities research analysts also recently issued reports about the stock. Raymond James increased their price target on shares of ATS from C$61.00 to C$65.00 and gave the stock an outperform rating in a report on Thursday, February 8th. Stifel Nicolaus lowered their target price on shares of ATS from C$75.00 to C$73.00 and set a buy rating on the stock in a research note on Thursday, February 8th. National Bankshares lowered their target price on shares of ATS from C$69.00 to C$65.00 and set an outperform rating on the stock in a research note on Thursday, February 8th. Royal Bank of Canada reaffirmed an outperform rating and issued a C$65.00 target price on shares of ATS in a research note on Monday, February 5th. Finally, Cormark lowered their target price on shares of ATS from C$68.00 to C$67.00 in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of C$66.14.
ATS Stock Performance
ATS Company Profile
ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.
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