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)
(A Top Pick March 3/17 - Down 3.6%) Still hold. Given the economic growth, the company is still going to do a lot of business. He thinks it got over the scandals about bribes and all that. If the US does go ahead with the infrastructure program that would be great for the company. Have very good assets. There are rumors that they might sell some of those and pay a special dividend.