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Bullboard - Stock Discussion Forum Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes... see more

TSX:ATRL - Post Discussion

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Post by retiredcf on Oct 15, 2024 12:57pm

Canaccord

In a quarterly preview for engineering and construction companies, Canaccord Genuity’s Yuri Lynk raised his targets for AtkinsRalis Group Inc. ( “buy”) to $70 from $65, Stantec Inc. (“hold”) to $125 from $120 and WSP Global Inc. ( “buy”) to $275 from $260. He lowered his target for North American Construction Group Ltd. ( “buy”) to $30 from $34. The averages on the Street are $68.09, $127.50, $260.31 and $41.33, respectively.

“Macro still supportive: Non-residential construction put-in-place spending, analogous to work-in-progress payments for the entire U.S. construction industry, increased by a double-digit percentage rate in July and August in manufacturing, sewage & waste disposal, water supply, and power. The highway and street segment had mid-single-digit growth,” said Mr. Lynk.



Comment by Sanicandro on Oct 15, 2024 5:11pm
Look at the volume today, this stock will hit $70 much faster than some think. All forthcoming news from this company will be a catalyst for the stock: favorable cash settlements, M&A's, sell of non-cor assests etc. Then all the analysts will upgrade their target to $80, $90 and so on. Look at wsp, some smart analysts were calling the stock overvalued at $100. Now the same geniuses are ...more