ATCO Ltd. (TSE:ACO.X) Insider Sentgraf Enterprises Ltd. Acquires 400 Shares

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

ATCO Stock Down 0.5 %

TSE:ACO.X opened at C$48.00 on Monday. ATCO Ltd. has a twelve month low of C$35.56 and a twelve month high of C$50.67. The company has a market cap of C$4.79 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 3.80 and a beta of 0.74. The stock has a fifty day simple moving average of C$47.20 and a 200-day simple moving average of C$47.33. The company has a current ratio of 1.42, a quick ratio of 1.48 and a debt-to-equity ratio of 131.63.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. CIBC lifted their price objective on shares of ATCO from C$58.00 to C$59.00 in a research note on Friday, February 28th. Scotiabank lifted 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. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price 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.