ATCO Ltd Cl I NV (ACO.X – Research Report) has received a rating update from a Wall Street analyst today. 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 a 4-star analyst with an average return of 10.3% and a 57.9% success rate. Choy covers the Utilities sector, focusing on stocks such as TransAlta, Fortis, and Emera.
ATCO Ltd Cl I NV has an analyst consensus of Moderate Buy, with a price target consensus of C$48.00.
The company has a one-year high of C$48.10 and a one-year low of C$36.09. Currently, ATCO Ltd Cl I NV has an average volume of 198.1K.
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 electricity (generation, transmission, and distribution), pipelines and liquid, Neltume Ports and Structures and logistics. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States, the United Kingdom, and Mexico. Atco’s large subsidiary, Canadian Utilities, launched a major venture called Atcoenergy, which provides low-cost and sustainable energy solutions for the Canadian province of Alberta.
The company’s shares closed last Monday at C$36.20, close to its 52-week low of C$36.09.
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