AtkinsRealis (SNCAF) Gets a Buy from Canaccord Genuity

In a report released on February 27, Yuri Lynk from Canaccord Genuity maintained a Buy rating on AtkinsRealis, with a price target of C$121.00. The company’s shares opened today at C$94.90.

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According to TipRanks, Lynk is a 5-star analyst with an average return of 9.7% and a 51.43% success rate. Lynk covers the Industrials sector, focusing on stocks such as Toromont Industries, AtkinsRealis, and Badger Infrastructure Solutions.

In addition to Canaccord Genuity, AtkinsRealis also received a Buy from Stifel Nicolaus’s Ian Gillies in a report issued today. However, yesterday, TipRanks – Anthropic 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 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.