Sentgraf Enterprises Ltd. Buys 10,000 Shares of ATCO Ltd. (TSE:ACO.X) Stock

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The stock was purchased at an average price of C$47.50 per share, for a total transaction of C$475,000.00.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Monday, September 23rd, Sentgraf Enterprises Ltd. acquired 1,000 shares of ATCO stock. The stock was acquired at an average cost of C$45.65 per share, with a total value of C$45,650.00.

ATCO Stock Performance

Shares of ATCO stock opened at C$48.23 on Friday. The firm has a market capitalization of C$4.81 billion, a P/E ratio of 14.10, a P/E/G ratio of 3.80 and a beta of 0.73. The company has a quick ratio of 1.48, a current ratio of 1.42 and a debt-to-equity ratio of 131.63. ATCO Ltd. has a 52 week low of C$32.90 and a 52 week high of C$48.72. The firm’s 50 day moving average is C$44.02 and its two-hundred day moving average is C$40.52.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ACO.X. BMO Capital Markets increased their target price on shares of ATCO from C$50.50 to C$52.50 in a report on Thursday, September 5th. Royal Bank of Canada increased their price objective on ATCO from C$46.00 to C$47.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 6th. National Bankshares boosted their target price on ATCO from C$40.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Friday, August 23rd. CIBC increased their price target on ATCO from C$49.00 to C$51.00 and gave the company an “outperform” rating in a research report on Tuesday, August 6th. Finally, Scotiabank boosted their price objective on ATCO from C$43.00 to C$45.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$48.08.

ATCO Company Profile

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.