Stifel Nicolaus Sticks to Their Buy Rating for AtkinsRealis (SNCAF)
Stifel Nicolaus analyst Ian Gillies maintained a Buy rating on AtkinsRealis (SNCAF – Research Report) today and set a price target of C$108.00. The company’s shares closed yesterday at $68.48.
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According to TipRanks, Gillies is a 4-star analyst with an average return of 4.2% and a 56.15% success rate.
AtkinsRealis has an analyst consensus of Strong Buy, with a price target consensus of $75.13, representing a 9.71% upside. In a report released on June 13, CIBC also initiated coverage with a Buy rating on the stock with a C$106.00 price target.
Based on AtkinsRealis’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.59 billion and a net profit of $52.45 million. In comparison, last year the company earned a revenue of $2.23 billion and had a net profit of $90 million
Read More on SNCAF:
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- AtkinsRéalis to Repurchase 7 Million Shares from La Caisse
- AtkinsRealis price target raised to C$106 from C$92 at CIBC
- AtkinsRealis downgraded to Sector Perform from Outperform at National Bank
- AtkinsRéalis Finalizes Sale of Highway 407 ETR Stake, Boosting Financial Flexibility
- AtkinsRealis price target raised to C$110 from C$105 at Canaccord
