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

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

Several brokerages recently commented on ACLLF. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a report on Monday, April 20th. BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a research note on Thursday. Scotiabank reiterated a “sector perform” rating on shares of ATCO in a research note on Thursday. TD Securities reiterated a “hold” rating on shares of ATCO in a research note on Friday. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a research note on Thursday.

ATCO Stock Performance

ACLLF traded up $0.09 during trading on Friday, reaching $49.82. The company had a trading volume of 215 shares, compared to its average volume of 5,807. ATCO has a 12 month low of $34.71 and a 12 month high of $52.20. The business’s fifty day moving average price is $49.17 and its 200 day moving average price is $43.80.

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.