Jean Raby Acquires 500 Shares of Snc-Lavalin Group Inc (SNC) Stock
Snc-Lavalin Group Inc (TSE:SNC) Director Jean Raby bought 500 shares of the company’s stock in a transaction on Friday, August 11th. The shares were bought at an average price of C$52.99 per share, for a total transaction of C$26,495.00.
Snc-Lavalin Group Inc (SNC) traded up 0.45% on Monday, hitting $53.01. 157,550 shares of the stock traded hands. The company’s 50 day moving average price is $55.72 and its 200-day moving average price is $54.46. Snc-Lavalin Group Inc has a 52-week low of $50.27 and a 52-week high of $59.63. The stock has a market cap of $9.30 billion and a price-to-earnings ratio of 29.42.
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 31st will be paid a $0.273 dividend. This represents a $1.09 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Tuesday, August 15th.
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SNC has been the topic of several recent research reports. Scotiabank increased their target price on Snc-Lavalin Group from C$67.00 to C$68.00 and gave the stock an “outperform” rating in a research report on Friday, April 28th. BMO Capital Markets restated an “outperform” rating and set a C$66.00 target price on shares of Snc-Lavalin Group in a research report on Friday, April 28th. TD Securities restated an “action list buy” rating and set a C$73.00 target price on shares of Snc-Lavalin Group in a research report on Friday, May 5th. Desjardins restated a “buy” rating on shares of Snc-Lavalin Group in a research report on Friday, April 28th. Finally, Canaccord Genuity increased their target price on Snc-Lavalin Group from C$64.00 to C$76.00 and gave the stock a “buy” rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Snc-Lavalin Group has a consensus rating of “Buy” and a consensus target price of C$68.44.
Snc-Lavalin Group Company Profile
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