ATCO Ltd. (OTCMKTS:ACLLF) Given Average Rating of “Hold” by Analysts

ATCO Ltd. (OTCMKTS:ACLLF) has been given an average recommendation of “Hold” by the six research firms that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Several equities research analysts have recently issued reports on ACLLF shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of ATCO in a report on Monday, April 20th. Scotiabank reiterated a “sector perform” rating on shares of ATCO in a report on Thursday, May 7th. BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a report on Thursday, May 7th. Finally, TD Securities reiterated a “hold” rating on shares of ATCO in a report on Friday, May 8th.

ATCO Trading Up 1.0%

Shares of ATCO stock opened at $51.69 on Tuesday. ATCO has a 52-week low of $34.71 and a 52-week high of $52.20. The stock has a 50-day simple moving average of $50.14 and a 200-day simple moving average of $45.53.

About ATCO

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.