Today, an analyst has provided a rating update for ATCO Ltd. Cl I NV (ACO.X). The Utilities company, ATCO Ltd. Cl I NV (TSX: ACO.X) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Choy is ranked #2679 out of 5554 analysts.
ATCO Ltd. Cl I NV has an analyst consensus of Hold, with a price target consensus of C$49.33, a 3.2% upside from current levels. In a report issued on September 9, BMO Capital also maintained a Hold rating on the stock with a C$50 price target.
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Based on ATCO Ltd. Cl I NV’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$1.1 billion and net profit of C$158 million. In comparison, last year the company earned revenue of C$1.1 billion and had a GAAP net loss of C$12 million.
ATCO Ltd. is engages in structures and logistics, utilities and ports & transportation logistics business. It operates through the following segments: Structures & Logistics, Electricity, Pipelines & Liquids, Neltume Ports and Corporate & Other.
The company’s shares closed last Thursday at C$47.99, close to its 52-week high of C$48.14.
