SNC-Lavalin Group’s (SNCAF) Buy Rating Reaffirmed at TD Securities
TD Securities reaffirmed their buy rating on shares of SNC-Lavalin Group Inc (OTCMKTS:SNCAF) in a report released on Sunday morning. The firm currently has a $66.00 price objective on the stock, down from their previous price objective of $70.00.
Other equities research analysts have also issued research reports about the company. Scotiabank reaffirmed an outperform rating and issued a $63.00 price target on shares of SNC-Lavalin Group in a research report on Sunday. RBC Capital Markets reissued an outperform rating and set a $62.00 target price (down previously from $63.00) on shares of SNC-Lavalin Group in a research report on Sunday. Finally, CIBC raised SNC-Lavalin Group from a sector perform rating to an outperform rating and raised their target price for the stock from $55.00 to $63.00 in a research report on Friday, September 16th. Eleven analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and an average price target of $57.77.
SNC-Lavalin Group (OTCMKTS:SNCAF) traded down 1.4818% during midday trading on Friday, reaching $39.2201. The company’s stock had a trading volume of 32,900 shares. The stock has a market cap of $5.89 billion and a P/E ratio of 16.0475. SNC-Lavalin Group has a 12-month low of $26.98 and a 12-month high of $44.30. The stock’s 50 day moving average is $42.67 and its 200 day moving average is $39.89.
SNC-Lavalin Group Company Profile
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