Other equities research analysts have also issued reports about the stock. Canaccord Genuity reduced their price objective on shares of Snc-Lavalin Group from C$77.00 to C$73.00 in a report on Friday. Scotiabank reiterated an outperform rating and set a C$70.00 price target on shares of Snc-Lavalin Group in a research note on Tuesday, October 31st. Royal Bank of Canada lifted their price target on shares of Snc-Lavalin Group from C$69.00 to C$70.00 and gave the stock an outperform rating in a research note on Friday. Desjardins lifted their price target on shares of Snc-Lavalin Group from C$69.00 to C$72.00 in a research note on Friday, November 3rd. Finally, National Bank Financial lifted their price target on shares of Snc-Lavalin Group from C$69.00 to C$73.50 and gave the stock an outperform rating in a research note on Wednesday, January 10th. Nine investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$71.22.
Shares of Snc-Lavalin Group (SNC) opened at C$56.69 on Friday. Snc-Lavalin Group has a fifty-two week low of C$50.28 and a fifty-two week high of C$59.38. The firm has a market cap of $9,950.00, a price-to-earnings ratio of 23.72 and a beta of 0.56.
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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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