ATCO Ltd. (OTCMKTS:ACLLF) Given Consensus Recommendation of “Hold” by Analysts

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have earned an average rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

ACLLF has been the subject of several analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of ATCO in a report on Thursday, July 30th. Scotiabank reiterated a “sector perform” rating on shares of ATCO in a research report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research note on Friday, July 17th. Royal Bank Of Canada restated a “sector perform” rating on shares of ATCO in a research report on Thursday, July 30th. Finally, TD Securities restated a “hold” rating on shares of ATCO in a research note on Friday, May 8th.

ATCO Stock Up 1.4%

Shares of OTCMKTS:ACLLF opened at $55.15 on Friday. The company has a 50 day moving average of $53.79 and a 200 day moving average of $50.57. ATCO has a 12 month low of $34.71 and a 12 month high of $58.06.

ATCO Company Profile

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.