The Globe and Mail reports in its Tuesday edition that National Bank Financial analyst Maxim Sytchev has upgraded Atkinsrealis Group to "outperform" from "sector perform," seeing "tactical and thematic factors shift the risk/reward dynamic into attractive territory." The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev gave his share target an $8 boost to $110. Analysts on average target the shares at $119.42. Mr. Sytchev says in a note: "In our downgrade five months ago, Atkinsrealis's NTM [next 12 month] P/E (excluding capital) had expanded to almost 27 times as shares rose to all-time-highs of over $106, joining the ebullience of the sector (and equity markets as a whole). Concerns around slowing organic growth and the long-term effects on AI on consultants' business models weighed on the share prices of our entire coverage in recent months, however, and valuations have normalized to more attractive levels. In Atkinsrealis's case, shares retreated 9 per cent since our downgrade, while 2026E consensus EBITDA has held firm, and the NTM P/E now stands at a much more palatable 21 times, an attractive setup given the secular growth in engineering and nuclear, and a net cash balance sheet."