A number of other equities research analysts have also recently weighed in on the company. National Bank Financial upped their price target on Snc-Lavalin Group from C$69.00 to C$73.50 and gave the stock an outperform rating in a report on Wednesday, January 10th. Scotiabank upped their target price on Snc-Lavalin Group from C$70.00 to C$73.50 and gave the company an outperform rating in a research note on Wednesday, December 20th. Royal Bank of Canada upped their target price on Snc-Lavalin Group from C$67.00 to C$69.00 and gave the company an outperform rating in a research note on Friday, November 3rd. BMO Capital Markets upped their target price on Snc-Lavalin Group from C$67.00 to C$68.00 in a research note on Friday, November 3rd. Finally, CIBC upped their target price on Snc-Lavalin Group from C$65.00 to C$68.00 and gave the company an outperform rating in a research note on Tuesday, January 16th. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Snc-Lavalin Group currently has an average rating of Buy and an average target price of C$71.22.
Shares of Snc-Lavalin Group (TSE:SNC) opened at C$57.25 on Friday. The firm has a market capitalization of $10,050.00, a P/E ratio of 23.95 and a beta of 0.56. Snc-Lavalin Group has a fifty-two week low of C$50.28 and a fifty-two week high of C$59.38.
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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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