ATS Automation Tooling Systems (ATA) PT Raised to C$18.00

ATS Automation Tooling Systems (TSE:ATA) had its price objective hoisted by TD Securities from C$17.00 to C$18.00 in a research report report published on Thursday, February 8th. They currently have a buy rating on the stock.

Several other research firms also recently commented on ATA. Royal Bank of Canada boosted their target price on shares of ATS Automation Tooling Systems from C$14.00 to C$15.00 and gave the stock a sector perform rating in a research report on Thursday, February 1st. Scotiabank upped their price objective on shares of ATS Automation Tooling Systems from C$19.00 to C$20.00 and gave the stock an outperform rating in a research report on Thursday, February 8th.

Shares of ATS Automation Tooling Systems (ATA) traded up C$0.18 during midday trading on Thursday, hitting C$16.58. 349,900 shares of the stock traded hands, compared to its average volume of 230,356. ATS Automation Tooling Systems has a 52-week low of C$11.23 and a 52-week high of C$17.43. The firm has a market capitalization of $1,560.00, a price-to-earnings ratio of 39.48 and a beta of 0.90.

In related news, insider Stewart Mccuaig sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of C$15.90, for a total transaction of C$238,500.00.

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ATS Automation Tooling Systems Company Profile

ATS Automation Tooling Systems Inc (ATS) is an automation solutions provider. The Company is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. The Automation Systems segment designs and builds custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.

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