Snc-Lavalin Group Inc (TSE:SNC) – Stock analysts at Desjardins decreased their Q3 2017 earnings per share estimates for Snc-Lavalin Group in a report released on Friday. Desjardins analyst B. Poirier now forecasts that the company will post earnings per share of $0.58 for the quarter, down from their previous forecast of $0.59. Desjardins has a “Buy” rating on the stock. Desjardins also issued estimates for Snc-Lavalin Group’s FY2017 earnings at $2.04 EPS.

Other analysts also recently issued research reports about the stock. Raymond James Financial, Inc. boosted their price objective on shares of Snc-Lavalin Group from C$66.00 to C$68.00 and gave the stock an “outperform” rating in a report on Tuesday. National Bank Financial decreased their price objective on shares of Snc-Lavalin Group from C$70.00 to C$69.00 and set an “outperform” rating on the stock in a report on Friday, August 4th. BMO Capital Markets reissued an “outperform” rating and set a C$67.00 price objective on shares of Snc-Lavalin Group in a report on Friday, August 4th. Scotiabank reissued an “outperform” rating and set a C$68.00 price objective on shares of Snc-Lavalin Group in a report on Tuesday, July 4th. Finally, CIBC set a C$67.00 price objective on shares of Snc-Lavalin Group and gave the stock an “outperform” rating in a report on Monday, July 10th. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of C$68.44.

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Snc-Lavalin Group (TSE SNC) opened at 53.08 on Monday. The stock has a market capitalization of $7.98 billion and a price-to-earnings ratio of 35.74. The company has a 50-day moving average of $55.75 and a 200-day moving average of $54.58. Snc-Lavalin Group has a 52 week low of $50.27 and a 52 week high of $59.63.

In other Snc-Lavalin Group news, insider Hartland Paterson purchased 2,000 shares of Snc-Lavalin Group stock in a transaction on Friday, June 16th. The shares were bought at an average price of C$52.50 per share, with a total value of C$105,000.00. Also, insider Chantal Sorel sold 1,200 shares of the company’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of C$53.42, for a total transaction of C$64,104.00.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 31st will be issued a $0.273 dividend. This represents a $1.09 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Tuesday, August 15th.

Snc-Lavalin Group Company Profile

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