Jean Raby Purchases 1,000 Shares of Snc-Lavalin Group Inc (SNC) Stock
Snc-Lavalin Group Inc (TSE:SNC) Director Jean Raby bought 1,000 shares of the stock in a transaction on Thursday, March 1st. The shares were bought at an average price of C$55.88 per share, for a total transaction of C$55,880.00.
Shares of Snc-Lavalin Group Inc (TSE SNC) traded down C$0.01 during trading on Friday, hitting C$55.98. The company’s stock had a trading volume of 460,931 shares, compared to its average volume of 477,613. Snc-Lavalin Group Inc has a one year low of C$50.28 and a one year high of C$59.38. The stock has a market cap of $9,820.00, a price-to-earnings ratio of 23.42 and a beta of 0.51.
SNC has been the topic of a number of analyst reports. BMO Capital Markets increased their target price on Snc-Lavalin Group from C$68.00 to C$70.00 in a report on Friday, February 23rd. Canaccord Genuity lowered their target price on Snc-Lavalin Group from C$77.00 to C$73.00 in a report on Friday, February 23rd. Desjardins increased their target price on Snc-Lavalin Group from C$69.00 to C$72.00 in a report on Friday, November 3rd. AltaCorp Capital upgraded Snc-Lavalin Group from a “sector perform” rating to an “outperform” rating in a report on Friday, February 23rd. Finally, Royal Bank of Canada increased their target price on Snc-Lavalin Group from C$69.00 to C$70.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$71.22.
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SNC-Lavalin Group Inc is a Canada-based engineering and construction company. The Company’s segments include Mining & Metallurgy, which provides solutions for a range of projects in the aluminum, gold, copper, iron ore, nickel, fertilizers and sulfur product sectors, among others; Oil & Gas, which includes projects in the upstream, midstream and downstream (supporting infrastructure) sectors for oil and gas and resources companies, supporting these clients operating across the asset lifecycle from front end evaluation through decommissioning (capital expenditures and operational expenditures); Power, which includes projects and services in hydro, nuclear and thermal power generation, renewable power generation, energy from waste, and electrical transmission and distribution systems; Infrastructure, which is divided into the Infrastructure & Construction and Operations & Maintenance sub-segments, and Capital segment is the investment and asset management arm of the Company.
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