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Atlas Engineered Products Ltd
Symbol AEP
Shares Issued 70,250,747
Close 2025-09-02 C$ 0.69
Market Cap C$ 48,473,015
Recent Sedar+ Documents

Globe says Atlas Engineered Products kept at "buy"

2025-09-03 07:32 ET - In the News

The Globe and Mail reports in its Wednesday, Sept. 3, edition that Desjardins Securities analyst Frederic Tremblay has reiterated his "buy" recommendation for Atlas Engineered Products. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay gave his share target a 15-cent trim to $1.35. Analysts on average target the shares at $1.56. Mr. Tremblay says in a note: "While Q2 reflected challenging market conditions, comments from management point to stronger performance in 2H25. We also like Atlas Engineered's continued execution of key strategic initiatives such as M&A and automation. In the coming months, we will watch for announcements by the Canadian government to address the housing shortage, which could reignite builder confidence and construction activity -- this would be a catalyst for Atlas Engineered's coast-to-coast manufacturing network." The Globe reported on Sept. 18, 2024, that Raymond James analyst Daryl Swetlishoff had reaffirmed his "strong buy" recommendation for Atlas Engineered. The shares could then be had for $1.38. The Globe reported on May 29, 2025, that Mr. Tremblay had reaffirmed his "buy" call on Atlas Engineered, which was then going for 85 cents.

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