SNC-Lavalin Group Inc (SNCAF) Lifted to Outperform at CIBC
CIBC upgraded shares of SNC-Lavalin Group Inc (OTCMKTS:SNCAF) from a sector perform rating to an outperform rating in a report released on Friday. They currently have $63.00 price target on the stock, up from their prior price target of $55.00.
Several other brokerages have also issued reports on SNCAF. TD Securities reiterated a buy rating and set a $70.00 price target (up from $63.00) on shares of SNC-Lavalin Group in a report on Wednesday, August 10th. Scotiabank reiterated an outperform rating and set a $63.00 price target (up from $52.00) on shares of SNC-Lavalin Group in a report on Wednesday, August 10th. Ten analysts have rated the stock with a buy rating, SNC-Lavalin Group presently has a consensus rating of Buy and a consensus target price of $57.75.
SNC-Lavalin Group (OTCMKTS:SNCAF) opened at 41.23 on Friday. The firm has a market capitalization of $6.19 billion and a PE ratio of 16.81. SNC-Lavalin Group has a 52 week low of $26.98 and a 52 week high of $44.30. The firm has a 50-day moving average of $43.14 and a 200 day moving average of $39.63.
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