ATS Corp T.ATS

Alternate Symbol(s): ATS

Industrials

ATS Corporation is a Canada-based automation solutions provider. The Company uses its knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets, such as life sciences, food and beverage, transportation, consumer products, and energy. It engages with customers on both greenfield programs, such as equipping new factories, and brownfield programs, including capacity expansions, production relocations, equipment upgrades, software upgrades, efficiency improvements and factory optimizations. It offers post-automation services. It also offers artificial intelligence (AI) and machine learning (ML)-based tools for industrial production. The Company also designs and manufactures automated water purification solutions for biomedical and life science applications.

TSX:ATS - Post by User

ATS Corp

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Post by awol1on Feb 07, 2013 3:17pm

221 Views

Post# 20954226

upgrades to $12 and $14

ATS Automation Tooling Systems Rating Increased to Hold at RBC Capital (ATA)

February 7th, 2013 - 0 comments - Filed Under - by Trevor Kearing

ATS Automation Tooling Systems (TSE: ATA) was upgraded by RBC Capital from a “sell” rating to a “hold” rating in a research note issued on Thursday. The firm currently has a $8.50 price target on the stock, up from their previous price target of $7.50.

A number of other analysts have also recently weighed in on ATA. Analysts at TD Securities raised their price target on shares of ATS Automation Tooling Systems from $11.00 to $12.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Analysts at Scotia Capital raised their price target on shares of ATS Automation Tooling Systems from $11.50 to $14.00 in a research note to investors on Thursday.

ATS Automation Tooling Systems traded up 2.54% on Thursday, hitting $9.69. ATS Automation Tooling Systems has a 52-week low of $7.33 and a 52-week high of $9.99. The stock’s 50-day moving average is currently $9.06. The company has a market cap of $849.2 million and a price-to-earnings ratio of 27.79.

ATS Automation Tooling Systems Inc. (ATS) operates in two business segments: Automation Systems Group (ASG) and Photowatt Technologies (Photowatt).