Snc-Lavalin Group (TSE:SNC) had its price objective decreased by TD Securities from C$32.00 to C$25.00 in a research note issued to investors on Friday morning, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.
A number of other research analysts also recently commented on 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 report on Tuesday, July 23rd. National Bank Financial cut their target price on shares of Snc-Lavalin Group from C$38.00 to C$36.00 and set an outperform rating on the stock in a research report on Friday. Raymond James set a C$32.00 target price on shares of Snc-Lavalin Group and gave the company a market perform rating in a research report on Tuesday, July 23rd. Finally, BMO Capital Markets cut their target price on shares of Snc-Lavalin Group from C$33.00 to C$28.00 in a research report on Tuesday, July 23rd. Four investment 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 an average price target of C$32.63.
TSE SNC opened at C$17.81 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.82 and a debt-to-equity ratio of 134.91. The stock has a market cap of $3.13 billion and a P/E ratio of -2.21. The firm’s 50-day simple moving average is C$24.29. Snc-Lavalin Group has a one year low of C$17.46 and a one year high of C$57.41.
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.
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