ATCO Ltd. (OTCMKTS:ACLLF) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

ACLLF has been the topic of several research analyst reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research note on Thursday, October 8th. BMO Capital Markets reaffirmed an “outperform” rating on shares of ATCO in a report on Thursday, July 30th. TD Securities raised ATCO from a “hold” rating to a “buy” rating in a research note on Wednesday, October 7th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a research report on Friday, July 17th. Finally, Scotiabank restated a “sector perform” rating on shares of ATCO in a research report on Tuesday, July 21st.

ATCO Price Performance

ATCO stock opened at $58.91 on Friday. ATCO has a 52-week low of $37.37 and a 52-week high of $58.91. The firm has a 50-day moving average price of $54.09 and a two-hundred day moving average price of $50.86.

About ATCO

ATCO Ltd. is a Canadian diversified infrastructure and logistics company headquartered in Calgary, Alberta. Through its businesses, the company provides essential services and solutions in utilities, energy infrastructure, workforce accommodations, modular structures, logistics and operations management.

ATCO’s activities include electricity and natural gas distribution, power generation, energy infrastructure, modular buildings and workforce housing, as well as facility operations and logistics services.