AtkinsRéalis to cash in on nuclear 'super cycle'; analysts boost price targets

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SNC-Lavalin Group أخبار

Nuclear Energy,Atkinsréalis Group,Canadian Engineering Firm

Rising concerns about energy security, an urgency to address climate change, and expectations for surging electricity demand have worked in favour of nuclear...

AtkinsRealis headquarters are seen in Montreal, Friday, Nov. 10, 2023. The company, formerly known as SNC-Lavalin Group, more than doubled its profit last quarter and raised its financial forecast for the year. THE CANADIAN PRESS/Christinne Muschi) is winning praise from stock analysts following an investor day where the company, formerly known as SNC Lavalin, laid out a plan to cash in on a nuclear “super cycle.

AtkinsRéalis provides new-build and full refurbishment services of CANDU reactors. Canada is home to 19 of the 27 units in operation today. The company is currently refurbishing units at Ontario's Bruce and Darlington nuclear generating stations, as well as a unit in Romania. US market expert warns of 'a bigger crash' than 2008 — says there's 'nowhere to hide' except in this 1 assetWith the combination of reliability and impressive long-term growth potential, this 5.7% dividend stock is one of the best on the TSX. The post Why I Keep Buying Shares of This 5.7%-Yielding Dividend Stock appeared first on The Motley Fool Canada.

 

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