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An update from ATCO Ltd Cl I NV ( ($TSE:ACO.X) ) is now available.
ATCO Ltd. announced the resignation of Dawn Farrell from its Board of Directors following her appointment as CEO of the Major Projects Office by the Canadian federal government. This change is seen as a positive step for Canada’s infrastructure development, with ATCO’s Chair and CEO, Nancy Southern, expressing gratitude for Farrell’s contributions and leadership. The departure may impact ATCO’s board dynamics, but it aligns with the company’s commitment to supporting national growth projects.
The most recent analyst rating on ($TSE:ACO.X) stock is a Hold with a C$55.00 price target. To see the full list of analyst forecasts on ATCO Ltd Cl I NV stock, see the TSE:ACO.X Stock Forecast page.
Spark’s Take on TSE:ACO.X Stock
According to Spark, TipRanks’ AI Analyst, TSE:ACO.X is a Neutral.
ATCO Ltd’s overall score is driven by strong earnings growth and attractive valuation, despite financial leverage concerns and neutral technical indicators. The earnings call provided a positive outlook, but highlighted some challenges.
To see Spark’s full report on TSE:ACO.X stock, click here.
More about ATCO Ltd Cl I NV
ATCO Ltd. is a global enterprise with approximately 21,000 employees and assets of $27 billion. The company is dedicated to addressing essential challenges in energy, housing, security, and transportation. Its subsidiaries and affiliates include ATCO Structures, ATCO Frontec, ATCO Energy Systems, ATCO EnPower, ATCO Australia, and ATCO Energy, offering a range of services from housing and shelter solutions to energy transmission, distribution, and sustainable energy solutions. ATCO also invests in ports, transportation logistics, ash processing, retail food services, and commercial real estate.
Average Trading Volume: 213,261
Technical Sentiment Signal: Buy
Current Market Cap: C$5.64B
For detailed information about ACO.X stock, go to TipRanks’ Stock Analysis page.