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Atento has an analyst consensus of Moderate Buy, with a price target consensus of $11, which is a 77.1% upside from current levels. In a report issued on November 1, Barrington also maintained a Buy rating on the stock with a $14 price target.
Based on Atento’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $3.27 million. In comparison, last year the company had a GAAP net loss of $12.01 million.
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Atento SA engages in the provision of customer relationship management business process outsourcing services and solutions. The company also provides front-end and back-end services ranging from sales, applications processing, customer care, and credit management. Atento was founded in 1999 and is headquartered in Luxembourg.