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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 174,841,024
Close 2025-02-06 C$ 74.36
Market Cap C$ 13,001,178,545
Recent Sedar Documents

Globe says Atkinsrealis Group maintained at "buy"

2025-02-06 06:08 ET - In the News

The Globe and Mail reports in its Tuesday, Feb. 4, edition that in a report titled "We are fashionably late to the party, but we think there are still good times to be had," Stifel analyst Ian Gillies commenced coverage on Atkinsrealis Group with a "buy" recommendation and $98 share target. The Globe's David Leeder writes that analysts on average target the shares at $87.92. Mr. Gillies says in a note: "There are near-term items that can drive share performance such as (1) bolt-on M&A and (2) further margin improvement. However, we remain transfixed on the $4.6-billion of capital flexibility after the sale of the company's interest in Highway 407 ETR, which could provide a pathway to $123/sh over the medium term. This would result in a share price return profile of 18 to 20 per cent per annum, which we view as attractive given its market cap and stability of earnings." The Globe reported on Jan. 22 that Raymond James rated Atkinsrealis "outperform." It was then worth $82.32. The Globe reported on Jan. 24 that Canaccord had reaffirmed its "buy" call for Atkinsrealis. It was then worth $81.26. The Globe reported on Feb. 3 that money manager John Zechner was keen on Atkinsrealis when it was worth $71.91.

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