RE:RE:RE:RE:RE:$32? What the heck Too many investors are still looking for an excuse for this stock to head back down to $25 then $20 and whatever from there. Good luck. It ain't happening based on the most recent ER. The company exceeded all expectations expectations. All analysts who follow the company issued revised "upward price targets anywhere from $36 to $45". Those are 12 month target prices.
Are we in a futuristic mode that requires a global shift to clean energy and efficient sources of productivity?
Isn't nuclear the go to thing these days?
Isn't SNC winning global and large scale contracts?
Isn't SNC known for top notch expertise in its divisions?
Isn't the LSTK projects down to its last $500m or so left to complete? That should be done by eoy imo or early next max.
What's SNC's assets worth today in relation to its "own share price"? We could go further and compare its share price in relation to its peers and see where the real discount is if all companies were sold to an "astute investor". Where would they see the real value today verses where the future revenues and earnings would be but discounted back to today's sp?
For the simpletons out there looking for an excuse why SNC's share price has fallen from the peak of around $36 on the day of ER to todays price of $32.27? That's normal and maybe be indeed some profit taking. Try looking at several of the others in this same space as SNC. They have all fallen as well. (WSP, TTEK, J, ACM).
Did you ever bother to check out the whole sector or do you simply like picking on the poster child of "past and distant company issues"? The past issues are history. Try focusing on the future. That's where the real money is to be made. To each their own I guess. DYODD
Ron