The Globe and Mail reports in its Tuesday edition that National Bank Financial analyst Maxim Sytchev continues to rate Atkinsrealis Group "outperform," with an unchanged share target of $76. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $80.67. Mr. Sytchev says the late Friday announcement of "a more granular" rate structure for the 407 ETR highway in 2025 points to a higher valuation for Atkinsrealis. Mr. Sytchev believes the changes will lead to "more cash to spend on M&A, eventually." In June, Atkinsrealis revealed it is aiming to sell its 6.76-per-cent interest in the 407, which is worth an estimated $1.7-billion, within three years as it pushes on with a strategic revamp it says has re-energized the business. Mr. Sytchev says in a note: "While the new fee structure is not directly comparable to the prior set up, realized revenue per km traveled will likely come in significantly higher in 2025 than the 1.5-per-cent assumption in our model. Importantly, this increase will compound the double-digit price increase made effective this February. The toll increase for light passenger vehicles amounts to between three cents and 14 cents per kilometre."