05:26:03 EDT Tue 01 Jul 2025
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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 174,500,980
Close 2025-04-10 C$ 65.33
Market Cap C$ 11,400,149,023
Recent Sedar Documents

Globe says Atkinsrealis Group, WSP Global kept at "buy"

2025-04-11 08:25 ET - In the News

Also In the News (C-WSP) WSP Global Inc

The Globe and Mail reports in its Friday, April 11, edition that Canaccord Genuity analyst Yuri Lynk, in a report titled Engineered for volatile times, lowered his share targets for Atkinsrealis Group to $105 from $107 and WSP Global to $300 from $305 with "buy" recommendations for both. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target Atkinsrealis and WSP Global shares at $93.31 and $293.21. Mr. Lynk says in a note: "Stantec and WSP are down 6 per cent and 9 per cent from their 2025 highs while their worst declines have averaged 22 per cent and 26 per cent over the last ten years. Atkinsrealis has been the underperformer amongst the three, down 19 per cent from its 2025 high. There were a number of headwinds for the non-residential construction industry in Q1/25. These include a 14-per-cent increase in the price of steel in the quarter, poor weather conditions, and, most importantly, increasing uncertainty regarding U.S. tariffs. We believe these issues could manifest themselves in the form of weaker new awards, something we'll be tracking closely. We also want to point out that Q1/24 represents a very tough comparator from an organic growth and margin perspective."

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