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)
Rebranded. Becoming a very large, global player in engineering and project management. Asset light. Not in construction anymore. Reasonable margins. Huge backlog. About $10B in revenue a year. Big infrastructure spending has to happen globally. Interest rates coming down is a good thing. Expertise in nuclear. Yield is 0.12%.
(Analysts’ price target is $91.23)