Sentgraf Enterprises Ltd. Acquires 10,000 Shares of ATCO Ltd. (TSE:ACO.X) Stock

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was bought at an average price of C$47.50 per share, with a total value of C$475,000.00.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Monday, September 23rd, Sentgraf Enterprises Ltd. bought 1,000 shares of ATCO stock. The stock was purchased at an average price of C$45.65 per share, with a total value of C$45,650.00.

ATCO Trading Up 1.5 %

Shares of ACO.X opened at C$48.18 on Friday. The business’s 50-day moving average price is C$44.02 and its 200 day moving average price is C$40.52. The company has a current ratio of 1.42, a quick ratio of 1.48 and a debt-to-equity ratio of 131.63. The stock has a market capitalization of C$4.80 billion, a P/E ratio of 14.09, a P/E/G ratio of 3.80 and a beta of 0.73. ATCO Ltd. has a 1-year low of C$32.90 and a 1-year high of C$48.40.

Analysts Set New Price Targets

ACO.X has been the topic of a number of research reports. Royal Bank of Canada boosted their price objective on ATCO from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 6th. BMO Capital Markets boosted their price target on shares of ATCO from C$50.50 to C$52.50 in a research report on Thursday, September 5th. Scotiabank upped their price target on shares of ATCO from C$43.00 to C$45.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. National Bankshares lifted their price objective on shares of ATCO from C$40.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Friday, August 23rd. Finally, CIBC increased their target price on shares of ATCO from C$49.00 to C$51.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$48.08.

ATCO Company Profile

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.