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)
They own it, bought it after the corruption scandal came up. They have new management and made some good acquisitions. But the stock still hasn’t been moving too much. Not a lot of money has come out of the governments for infrastructure spending. Thinks long term SNC is a fabulous name to own.