Q: good day to you all
what 's your opinion on this Co.
it seems it s not going anywhere
thanks in advance
Georges
what 's your opinion on this Co.
it seems it s not going anywhere
thanks in advance
Georges
5i Research Answer:
Please see this answer. ARE is not our favourite in the sector, and we would prefer WSP and STN. But it is cheap enough to be a HOLD. The dividend is attractive while one awaits a recovery. It is still expected to show earnings growth next year and is up 23% YTD even with the decline post-earnings, so still very nicely ahead of the TSX.