ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Purchases 400 Shares of Stock

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. bought 400 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of C$48.26 per share, with a total value of C$19,304.00.

ATCO Trading Down 0.5 %

ACO.X stock opened at C$48.00 on Friday. The company has a market cap of C$4.79 billion, a P/E ratio of 14.04, a PEG ratio of 3.80 and a beta of 0.74. ATCO Ltd. has a twelve month low of C$35.56 and a twelve month high of C$50.67. The company has a quick ratio of 1.48, a current ratio of 1.42 and a debt-to-equity ratio of 131.63. The business has a fifty day moving average of C$47.20 and a 200-day moving average of C$47.31.

Analyst Ratings Changes

Several equities analysts recently commented on ACO.X shares. Scotiabank raised their target price on ATCO from C$49.00 to C$51.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Royal Bank of Canada lifted their price objective on ATCO from C$50.00 to C$51.00 in a research report on Friday, November 15th. Finally, CIBC lifted their price objective on ATCO from C$58.00 to C$59.00 in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$51.70.

ATCO Company Profile

Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco’s primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other.