03:00:18 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



ATS Corp
Symbol ATS
Shares Issued 98,899,883
Close 2023-12-15 C$ 57.16
Market Cap C$ 5,653,117,312
Recent Sedar Documents

Globe says Nat Bank's Sytchev keeps ATS at "outperform"

2023-12-15 07:40 ET - In the News

The Globe and Mail reports in its Friday edition that National Bank analyst Maxim Sytchev has reaffirmed his "sector perform" recommendation for ATS. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev advanced his share target by $4 to $69. Analysts on average target the shares at $65.29. Mr. Sytchev says he sees "more risks on the horizon" for industrial products companies heading into 2024 as the "consensus has shifted its view from a recession at the start of 2023 to a greater acceptance of a soft landing. We see political risks shifting to the right of the spectrum, potentially impacting sentiment of infra-friendly names. We are staying sharp and nimble, although it's hard to advocate for material trimming at the moment." The Globe reported on June 14 that RBC analyst Sabahat Khan was keeping his "outperform" recommendation for ATS intact. The shares were then going for $58.74. The Globe reported on Sept. 8 that Mr. Sytchev had reaffirmed his "outperform" recommendation for ATS. It was then worth $58.29. The Globe reported on Sept. 26 that Scotia Capital analyst Michael Doumet had reaffirmed his "sector outperform" recommendation for ATS. It was then worth $58.33.

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