AtkinsRealis initiated with an Overweight at JPMorgan

JPMorgan analyst Tomohiko Sano initiated coverage of AtkinsRealis (SNCAF) with an Overweight rating and C$135 price target which represents 40% potential upside. The firm believes the market underappreciates the company’s “strong culture and unique nuclear growth potential.” The shares are attractively valued given AtkinsRealis’ transformation and long-term opportunity set, the analyst tells investors in a research note.