SNC-Lavalin Group Inc (SNC) Price Target Cut to C$63.00
SNC-Lavalin Group Inc (TSE:SNC) had its price objective reduced by equities research analysts at Raymond James Financial Inc. from C$65.00 to C$63.00 in a note issued to investors on Friday. Raymond James Financial Inc.’s price target suggests a potential upside of 23.41% from the stock’s previous close.
A number of other research firms have also weighed in on SNC. Scotiabank reaffirmed an “outperform” rating and set a C$52.00 target price on shares of SNC-Lavalin Group in a report on Thursday, June 30th. CIBC increased their price target on shares of SNC-Lavalin Group from C$48.00 to C$55.00 in a report on Saturday, August 6th. AltaCorp Capital lowered shares of SNC-Lavalin Group from an “outperform” rating to a “sector perform” rating in a report on Friday, August 5th. TD Securities increased their price target on shares of SNC-Lavalin Group from C$56.00 to C$63.00 and gave the stock a “buy” rating in a report on Monday, June 6th. Finally, Royal Bank Of Canada decreased their price target on shares of SNC-Lavalin Group from C$63.00 to C$62.00 and set an “outperform” rating on the stock in a report on Friday. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$61.20.
Shares of SNC-Lavalin Group (TSE:SNC) opened at 51.05 on Friday. The firm has a 50-day moving average of $54.90 and a 200-day moving average of $52.27. SNC-Lavalin Group has a 12 month low of $36.47 and a 12 month high of $58.46. The firm has a market cap of $7.67 billion and a price-to-earnings ratio of 15.82.
SNC-Lavalin Group Company Profile
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