The Globe and Mail reports in its Friday, Nov. 29, edition that analysts at TD Cowen have named Atkinsrealis Group to its "Best Ideas 2025" list. The Globe's David Leeder writes in the Eye On Equities column that the analysts rate Atkinsrealis "buy" with a Street-high $98 share target. Analysts on average target the shares at $81.58. TD Cowen analyst Michael Tupholme says in a note: "We are positive on Atkinsrealis's outlook and see the stock's risk/reward profile as attractive. Atkinsrealis's core engineering services regions and nuclear segments are well positioned to continue realizing strong organic revenue growth (up 12.6 per cent year-over-year and 32.3 per cent year-over-year, year-to-date), supported by robust backlogs and favourable demand trends. Regarding margins, management is focused on driving margin improvement in Atkinsrealis's largest segment (engineering services regions, which accounts for 74 per cent of Atkinsrealis's consolidated TTM [trailing 12-month] revenue). Finally, with leverage at 1.4 times net recourse debt-to-EBITDA and cash flow expected to show meaningful improvement this year, Atkinsrealis has considerably more capital allocation flexibility than in recent years."
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