Atento (NYSE:ATTO) had its target price dropped by equities researchers at Robert W. Baird from $10.00 to $8.00 in a report issued on Thursday. The brokerage currently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective would indicate a potential upside of 29.03% from the stock’s current price.
A number of other analysts have also weighed in on the stock. ValuEngine raised shares of Atento from a “strong sell” rating to a “sell” rating in a report on Friday, September 21st. Zacks Investment Research raised shares of Atento from a “strong sell” rating to a “hold” rating in a report on Monday, October 1st. Finally, Barrington Research reissued a “buy” rating and issued a $14.00 price target on shares of Atento in a report on Tuesday, July 31st. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. Atento presently has an average rating of “Hold” and a consensus target price of $10.83.
Shares of NYSE ATTO traded down $0.10 during mid-day trading on Thursday, hitting $6.20. 2,410 shares of the stock were exchanged, compared to its average volume of 80,405. The firm has a market cap of $457.50 million, a price-to-earnings ratio of 8.27, a PEG ratio of 0.97 and a beta of 0.44. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.26. Atento has a twelve month low of $5.45 and a twelve month high of $11.47.
Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.
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