ATS Automation Tooling Systems (ATA) Price Target Lowered to C$25.00 at TD Securities
ATS Automation Tooling Systems (TSE:ATA) had its target price decreased by TD Securities from C$28.00 to C$25.00 in a research report sent to investors on Thursday. TD Securities currently has a buy rating on the stock.
Several other research firms have also issued reports on ATA. National Bank Financial reiterated an outperform rating and set a C$26.00 price objective on shares of ATS Automation Tooling Systems in a research note on Friday, September 7th. Royal Bank of Canada increased their price objective on ATS Automation Tooling Systems from C$20.00 to C$22.00 and gave the stock a sector perform rating in a research note on Friday, August 17th.
ATS Automation Tooling Systems stock opened at C$17.84 on Thursday. The company has a debt-to-equity ratio of 45.20, a quick ratio of 2.04 and a current ratio of 2.26. ATS Automation Tooling Systems has a 52-week low of C$14.62 and a 52-week high of C$24.67.
ATS Automation Tooling Systems Company Profile
ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.
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