The Globe and Mail reports in its Tuesday, Aug. 13, edition that National Bank Financial analyst Maxim Sytchev is sticking with his "outperform" ranking for Atkinsrealis Group. The Globe's David Leeder writes that Mr. Sytchev tweaked his share target ahead by a loonie to $68. Analysts on average target the shares at $67.45. Mr. Sytchev saw the second quarter 2024 results from Atkinsrealis as "ok relative to heightened expectations." He says in a note: "Organic growth was again strong, but overall expectations continue to rise with the share price. Two years ago, this would have been an amazing quarter but with Street forecasts having risen materially as Atkinsrealis derisked its business model, this looks solid but akin to Q1/24 -- good quarter on high expectations, especially for a stock that's up 31 per cent year-to-date prequarter (vs. TSX up 6 per cent YTD). Stepping back for a second, however, the valuation remains undemanding and in the world of 15 times plus EV/EBITDA metrics, investors will likely continue to be attracted to 9.9 times EV/EBITDA on 2025E. Management reiterated FCF projections for the year, and we are modeling $204-million next year; this works out to a 2.8-per-cent FCF yield ex concessions."