Snc-Lavalin Group (TSE:SNC) Given New C$36.00 Price Target at National Bank Financial

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Snc-Lavalin Group (TSE:SNC) had its target price reduced by National Bank Financial from C$38.00 to C$36.00 in a research report sent to investors on Friday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities research analysts have also issued research reports about the stock. Royal Bank of Canada cut their target price on shares of Snc-Lavalin Group from C$40.00 to C$34.00 and set an outperform rating on the stock in a research note on Tuesday, July 23rd. BMO Capital Markets cut their target price on shares of Snc-Lavalin Group from C$33.00 to C$28.00 in a research note on Tuesday, July 23rd. TD Securities cut their target price on shares of Snc-Lavalin Group from C$33.00 to C$32.00 and set a hold rating on the stock in a research note on Tuesday, July 23rd. Finally, Raymond James set a C$32.00 price objective on shares of Snc-Lavalin Group and gave the stock a market perform rating in a research note on Tuesday, July 23rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of C$32.63.

Shares of SNC opened at C$17.81 on Friday. The company’s 50-day moving average is C$24.29. The company has a market cap of $3.13 billion and a price-to-earnings ratio of -2.21. The company has a debt-to-equity ratio of 134.91, a current ratio of 0.82 and a quick ratio of 0.72. Snc-Lavalin Group has a 1-year low of C$17.46 and a 1-year high of C$57.41.

Snc-Lavalin Group Company Profile

SNC-Lavalin Group Inc provides consulting, design, engineering, construction, and operation and maintenance services worldwide. It operates through Mining & Metallurgy; Oil & Gas; Nuclear; Clean Power; Infrastructure; Engineering, Design and Project Management; and Capital segments. The company offers solutions for projects in the aluminum, gold, copper, iron ore, nickel, fertilizer, sulphur, and other projects, as well as commodities related to rechargeable batteries for cars, mobile phones, and other electronic devices.

See Also: S&P 500 Index

Analyst Recommendations for Snc-Lavalin Group (TSE:SNC)

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