SNC-Lavalin Group Inc (TSE:SNC) – Stock analysts at Desjardins reduced their Q4 2016 earnings per share estimates for shares of SNC-Lavalin Group in a report issued on Thursday. Desjardins analyst B. Poirier now anticipates that the brokerage will post earnings of $0.46 per share for the quarter, down from their previous estimate of $0.47. Desjardins currently has a “Buy” rating and a $64.00 target price on the stock.
Other research analysts also recently issued reports about the company. TD Securities reiterated a “buy” rating and set a C$70.00 price objective on shares of SNC-Lavalin Group in a research note on Thursday, August 11th. Canaccord Genuity cut SNC-Lavalin Group from a “buy” rating to a “hold” rating and boosted their price target for the stock from C$57.00 to C$58.00 in a report on Saturday, August 6th. CIBC boosted their price target on SNC-Lavalin Group from C$48.00 to C$55.00 in a report on Saturday, August 6th. National Bank Financial boosted their price target on SNC-Lavalin Group from C$63.50 to C$64.00 and gave the stock an “outperform” rating in a report on Saturday, August 6th. Finally, Raymond James Financial Inc. boosted their price target on SNC-Lavalin Group from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a report on Saturday, August 6th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$61.20.
SNC-Lavalin Group (TSE:SNC) opened at 50.68 on Monday. The stock has a 50 day moving average of $54.74 and a 200 day moving average of $52.30. The company has a market cap of $7.61 billion and a PE ratio of 15.70. SNC-Lavalin Group has a one year low of $36.47 and a one year high of $58.46.
SNC-Lavalin Group Company Profile
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