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AtkinsRealis (SNCAF) Receives a Buy from RBC Capital

Tipranks - Tipranks - Tue Mar 3, 6:12AM CST

In a report released yesterday, Sabahat Khan from RBC Capital maintained a Buy rating on AtkinsRealis, with a price target of C$121.00.

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Khan covers the Industrials sector, focusing on stocks such as Deere, RB Global, and Finning International. According to TipRanks, Khan has an average return of 9.0% and a 55.71% success rate on recommended stocks.

In addition to RBC Capital, AtkinsRealis also received a Buy from TipRanks – Google’s Google Engineering and Construction in a report issued yesterday. However, on the same day, TipRanks – Anthropic downgraded AtkinsRealis (Other OTC: SNCAF) to a Hold.

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Based on AtkinsRealis’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$2.93 billion and a net profit of C$95.01 million. In comparison, last year the company earned a revenue of C$2.53 billion and had a net profit of C$52.45 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SNCAF in relation to earlier this year.

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