Stock price when the opinion was issued
Very strong portfolio of engineering and design and consulting. Plays into infrastructure, energy, and environment. Focus on nuclear will be important, with 15% of revenue coming from there. If Hwy 407 were sold at a good price, would be a catalyst to create value (but he wouldn't buy something just because there might be a deal down the road). Yield is 0.1%.
(Analysts’ price target is $70.31)
Has cleaned house and has a new CEO and soon, new Board members. In the meantime, it continues to win new contracts in Canada and elsewhere and has a record backlog of more than $10 billion. When the headlines disappear the stock price will rise back to the $50+ level last seen in 2011.