Shares of ATS Automation Tooling Systems Inc. (TSE:ATA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$17.49 and last traded at C$17.48, with a volume of 259886 shares changing hands. The stock had previously closed at C$17.15.
Several analysts have recently issued reports on the stock. TD Securities upped their target price on shares of ATS Automation Tooling Systems from C$17.00 to C$18.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Scotiabank upped their target price on shares of ATS Automation Tooling Systems from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Thursday, February 8th. Finally, Royal Bank of Canada upped their target price on shares of ATS Automation Tooling Systems from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Thursday, February 8th.
The company has a market cap of $1,640.00, a PE ratio of 41.90 and a beta of 0.90.
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About ATS Automation Tooling Systems
ATS Automation Tooling Systems Inc (ATS) is an automation solutions provider. The Company is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. The Automation Systems segment designs and builds custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.
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