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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company engaged in the design and engineering of connections, fabrication, including industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential construction industry. The Company’s products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States.


TSX:DRX - Post by User

Post by retiredcfon Jun 28, 2024 6:26am
197 Views
Post# 36110264

Panic-Proof Portfolio

Panic-Proof Portfolio
TOP PICK
ADF Group(DRX-T)
27/06/2024
 
Stockchase Research Editor: Michael O'Reilly
DRX is a North American leader in the construction of steel superstructures with business in five continents.  Recently reported earnings beat analyst expectations by over 35%.  It trades at 11x earnings and has seen its cash reserves grow while retiring debt.  We recommend setting a stop-loss at $11, looking to achieve $23 -- upside potential over 40%.  Yield 0.1%   
(Analysts’ price target is $23.00)
Metal Fabricators
$15.920
 
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