AtkinsRealis (SNCAF) Gets a Buy from Canaccord Genuity
Canaccord Genuity analyst Yuri Lynk maintained a Buy rating on AtkinsRealis (SNCAF – Research Report) yesterday and set a price target of C$112.00. The company’s shares closed yesterday at $69.37.
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According to TipRanks, Lynk is a 4-star analyst with an average return of 8.0% and a 50.82% success rate. Lynk covers the Industrials sector, focusing on stocks such as AtkinsRealis, WSP Global, and Finning International.
In addition to Canaccord Genuity, AtkinsRealis also received a Buy from Stifel Nicolaus’s Ian Gillies in a report issued yesterday. However, on June 11, National Bank downgraded AtkinsRealis (Other OTC: SNCAF) to a Hold.
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
