Hartland Paterson Buys 2,000 Shares of Snc-Lavalin Group Inc (SNC) Stock

Snc-Lavalin Group Inc (TSE:SNC) insider Hartland Paterson bought 2,000 shares of the business’s stock in a transaction on Friday, June 16th. The stock was bought at an average price of C$52.50 per share, for a total transaction of C$105,000.00.

Shares of Snc-Lavalin Group Inc (TSE SNC) traded down 0.50% during midday trading on Tuesday, hitting $53.40. The stock had a trading volume of 159,496 shares. Snc-Lavalin Group Inc has a one year low of $50.27 and a one year high of $59.63. The stock has a market cap of $8.03 billion and a PE ratio of 35.96. The firm has a 50 day moving average price of $52.77 and a 200 day moving average price of $54.89.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Thursday, June 1st were issued a $0.273 dividend. The ex-dividend date of this dividend was Tuesday, May 16th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.03%.

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Several equities analysts have issued reports on the company. TD Securities reiterated an “action list buy” rating and issued a C$73.00 target price on shares of Snc-Lavalin Group in a research note on Friday, May 5th. Royal Bank Of Canada cut their target price on Snc-Lavalin Group from C$63.00 to C$61.00 and set an “outperform” rating on the stock in a research note on Friday, March 3rd. CIBC cut their target price on Snc-Lavalin Group from C$63.00 to C$61.00 in a research note on Friday, March 3rd. BMO Capital Markets reiterated an “outperform” rating and issued a C$63.00 target price on shares of Snc-Lavalin Group in a research note on Tuesday, April 4th. Finally, Raymond James Financial, Inc. lifted their target price on Snc-Lavalin Group from C$63.00 to C$68.00 and gave the company an “outperform” rating in a research note on Tuesday, May 2nd. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$65.89.

Snc-Lavalin Group Company Profile

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