ATCO Maintained at Outperform at BMO Following Q4 Results; Price Target Raised to C$56.00

MT Newswires Live

Mar 01, 2025

BMO Capital Markets on Friday reiterated its outperform rating on the shares of ATCO (ACO-X.TO) while raising its price target to C$56.00 from C$52.50 following the company's fourth-quarter results.

"The Q4/24 earnings report further reinforced ATCO's rising growth trajectory. Utility rate base growth expectations were raised, Structures is starting 2025 stronger than 2024, and Neltume is delivering reliable earnings. Despite that, the ACO.X shares are still quite discounted relative to utility peers (11x 2026E P/E vs. peers average 17x). As such, we're maintaining our Outperform rating and boosting target to $56 vs. $52.50," analyst Ben Pham wrote.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 46.68, Change: +0.18, Percent Change: +0.39

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2516715513"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2516715513\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2516715513?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-01 00:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2516715513","market":"sg","top_or_hot":-1,"title":"ATCO Maintained at Outperform at BMO Following Q4 Results; Price Target Raised to C$56.00","media":"MT Newswires Live","content":"<html><body><p> BMO Capital Markets on Friday reiterated its outperform rating on the shares of ATCO (ACO-X.TO) while raising its price target to C$56.00 from C$52.50 following the company's fourth-quarter results.</p><p>\"The Q4/24 earnings report further reinforced ATCO's rising growth trajectory. Utility rate base growth expectations were raised, Structures is starting 2025 stronger than 2024, and Neltume is delivering reliable earnings. Despite that, the ACO.X shares are still quite discounted relative to utility peers (11x 2026E P/E vs. peers average 17x). As such, we're maintaining our Outperform rating and boosting target to $56 vs. $52.50,\" analyst Ben Pham wrote.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 46.68, Change: +0.18, Percent Change: +0.39</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ATCO Maintained at Outperform at BMO Following Q4 Results; Price Target Raised to C$56.00</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nATCO Maintained at Outperform at BMO Following Q4 Results; Price Target Raised to C$56.00\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-01 00:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> BMO Capital Markets on Friday reiterated its outperform rating on the shares of ATCO (ACO-X.TO) while raising its price target to C$56.00 from C$52.50 following the company's fourth-quarter results.</p><p>\"The Q4/24 earnings report further reinforced ATCO's rising growth trajectory. Utility rate base growth expectations were raised, Structures is starting 2025 stronger than 2024, and Neltume is delivering reliable earnings. Despite that, the ACO.X shares are still quite discounted relative to utility peers (11x 2026E P/E vs. peers average 17x). As such, we're maintaining our Outperform rating and boosting target to $56 vs. $52.50,\" analyst Ben Pham wrote.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 46.68, Change: +0.18, Percent Change: +0.39</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMO","symbol_name":"蒙特利尔银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2516715513","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516715513","pubTimestamp":1740760242,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BMO Capital Markets on Friday reiterated its outperform rating on the shares of ATCO (ACO-X.TO) while raising its price target to C$56.00 from C$52.50 following the company's fourth-quarter results.\"T","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"BMO":"蒙特利尔银行","ATCO":"Atlas Corp."},"translate_title":"BMO公布第四季度业绩后，ATCO维持跑赢大盘的评级；目标价上调至56.00加元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMO":1,"ATCO":1},"content_text":"BMO Capital Markets on Friday reiterated its outperform rating on the shares of ATCO (ACO-X.TO) while raising its price target to C$56.00 from C$52.50 following the company's fourth-quarter results.\"The Q4/24 earnings report further reinforced ATCO's rising growth trajectory. Utility rate base growth expectations were raised, Structures is starting 2025 stronger than 2024, and Neltume is delivering reliable earnings. Despite that, the ACO.X shares are still quite discounted relative to utility peers (11x 2026E P/E vs. peers average 17x). As such, we're maintaining our Outperform rating and boosting target to $56 vs. $52.50,\" analyst Ben Pham wrote.(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)Price: 46.68, Change: +0.18, Percent Change: +0.39","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}