Investment Analysts’ Recent Ratings Updates for ATS (ATS)

ATS (TSE: ATS) has recently received a number of price target changes and ratings updates:

• 11/8/2024 – ATS had its price target lowered by analysts at TD Securities from C$63.00 to C$57.00. They now have a “buy” rating on the stock.
• 11/7/2024 – ATS had its price target lowered by analysts at Raymond James from C$52.00 to C$48.00.
• 11/7/2024 – ATS had its price target lowered by analysts at Royal Bank of Canada from C$52.00 to C$48.00.
• 11/7/2024 – ATS had its price target lowered by analysts at Stifel Nicolaus from C$58.00 to C$52.00.
• 10/29/2024 – ATS had its price target lowered by analysts at Raymond James from C$58.00 to C$52.00. They now have an “outperform” rating on the stock.
• 10/7/2024 – ATS had its price target lowered by analysts at Royal Bank of Canada from C$55.00 to C$54.00.
• 9/24/2024 – ATS had its price target lowered by analysts at Stifel Nicolaus from C$60.00 to C$58.00. They now have a “buy” rating on the stock.

ATS Stock Down 1.0 %

TSE:ATS traded down C$0.40 on Tuesday, reaching C$39.74. 85,677 shares of the company’s stock were exchanged, compared to its average volume of 243,658. The business has a fifty day moving average of C$39.70 and a 200-day moving average of C$41.56. ATS Co. has a 52-week low of C$33.47 and a 52-week high of C$60.01. The firm has a market capitalization of C$3.86 billion, a price-to-earnings ratio of 21.72 and a beta of 1.36.

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.