ATCO Ltd. Cl I NV Gets a Sell Rating from BMO Capital

By Austin Angelo

ATCO Ltd. Cl I NV (TSX: ACO.X), the Utilities sector company, was revisited by a Wall Street analyst on July 27. Analyst Benjamin Pham from BMO Capital reiterated a Sell rating, with a C$46 price target on July 27.

According to TipRanks.com, Pham is a 5-star analyst with an average return of 10.4% and a 87.9% success rate. Pham covers the Utilities sector, focusing on stocks such as Brookfield Renewable Energy, Atlantic Power Corp, and Pattern Energy.

ATCO Ltd. Cl I NV has an analyst consensus of Moderate Sell, with a price target consensus of C$45.50.

ATCO Ltd. Cl I NV’s market cap is currently C$5.47B and has a P/E ratio of 17.1.

ATCO Ltd. is engaged in structures and logistics, utilities, energy and technologies business. The company operates through five segments: Structures and Logistics, Utilities, Energy, ATCO Australia and Corporate and Other.

The company’s shares closed on Friday at C$47.73.