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RBC Capital Keeps Their Buy Rating on ATS Corporation (ATS)

Tipranks - Tipranks - Wed Jan 7, 8:00PM CST

RBC Capital analyst Sabahat Khan maintained a Buy rating on ATS Corporation on January 5 and set a price target of C$51.00. The company’s shares closed yesterday at C$39.95.

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Khan covers the Industrials sector, focusing on stocks such as AtkinsRealis, Aecon Group Inc., and Aecom Technology. According to TipRanks, Khan has an average return of 7.8% and a 53.56% success rate on recommended stocks.

ATS Corporation has an analyst consensus of Strong Buy, with a price target consensus of C$49.50.

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Based on ATS Corporation’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of C$728.46 million and a net profit of C$33.68 million. In comparison, last year the company earned a revenue of C$612.78 million and had a GAAP net loss of C$887 thousand

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