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Echelon Wealth Partners Reaffirms Their Buy Rating on Atlas Engineered Products Ltd (AEP)

Atlas Engineered Products Ltd (AEPResearch Report), the Utilities sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Andrew Semple from Echelon Wealth Partners remains bullish on the stock and has a C$2.00 price target.

According to TipRanks.com, Semple is ranked 0 out of 5 stars with an average return of -7.0% and a 27.7% success rate. Semple covers the Healthcare sector, focusing on stocks such as Cannabist Company Holdings, Green Thumb Industries, and Trulieve Cannabis.

Atlas Engineered Products Ltd has an analyst consensus of Moderate Buy, with a price target consensus of C$2.00.

Atlas Engineered Products Ltd’s market cap is currently C$62.34M and has a P/E ratio of 13.24.

Atlas Engineered Products Ltd is a Canada based supplier of trusses and engineered wood products. It is engaged in principal activities of manufacturing trusses for commercial and residential buildings and delivering to its customers on Vancouver Island and the Lower Mainland. The company operates in the geographical segment located on Vancouver Island. The group generates revenue from the business segments of Trusses, Engineered wood products, Freight and Steel.

The company’s shares closed last Tuesday at C$1.08.

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