Positive Growth Outlook and Strategic Positioning Drive Buy Rating for AtkinsRealis

Positive Growth Outlook and Strategic Positioning Drive Buy Rating for AtkinsRealis

TD Cowen analyst Michael Tupholme has maintained their bullish stance on SNCAF stock, giving a Buy rating on March 14.

Michael Tupholme has given his Buy rating due to a combination of factors including a positive growth outlook and favorable margin expectations for AtkinsRealis. The company’s strategic positioning in the European market is seen as a key driver for its anticipated growth.
Additionally, the recent investor meetings highlighted the resilience of AtkinsRealis amidst sector sell-offs, particularly in the insurance domain, which further supports the Buy rating. These elements collectively suggest a promising future performance for the company’s stock.

According to TipRanks, Tupholme is a 5-star analyst with an average return of 14.4% and a 63.16% success rate. Tupholme covers the Industrials sector, focusing on stocks such as Stantec, AtkinsRealis, and Russel Metals.

In another report released on March 14, Canaccord Genuity also maintained a Buy rating on the stock with a C$107.00 price target.

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