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

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

Several brokerages have commented on ACLLF. TD Securities reissued a “hold” rating on shares of ATCO in a report on Friday, May 8th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of ATCO in a report on Friday. Scotiabank reiterated a “sector perform” rating on shares of ATCO in a research report on Tuesday. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research note on Thursday, May 7th. Finally, BMO Capital Markets restated an “outperform” rating on shares of ATCO in a research report on Thursday, May 7th.

ATCO Stock Performance

ACLLF stock opened at $55.20 on Wednesday. The firm has a 50 day moving average of $51.75 and a 200-day moving average of $48.44. ATCO has a 12 month low of $34.71 and a 12 month high of $56.09.

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.