ATCO Ltd. (OTCMKTS:ACLLF) Receives Consensus Recommendation of “Hold” from Brokerages

ATCO Ltd. (OTCMKTS:ACLLF) has earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

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

ATCO Stock Performance

Shares of ACLLF opened at $54.01 on Friday. ATCO has a twelve month low of $34.71 and a twelve month high of $58.06. The company has a 50 day moving average of $53.84 and a two-hundred day moving average of $50.59.

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.