Snc-Lavalin Group (TSE:SNC) had its price target trimmed by BMO Capital Markets from C$28.00 to C$26.00 in a report published on Friday, BayStreet.CA reports.
Several other research firms also recently issued reports on SNC. Royal Bank of Canada decreased their price target on Snc-Lavalin Group from C$34.00 to C$32.00 in a research note on Friday. TD Securities decreased their price target on Snc-Lavalin Group from C$32.00 to C$25.00 and set a hold rating for the company in a research note on Friday. Raymond James set a C$32.00 price target on Snc-Lavalin Group and gave the stock a market perform rating in a research note on Tuesday, July 23rd. National Bank Financial decreased their price target on Snc-Lavalin Group from C$38.00 to C$36.00 and set an outperform rating for the company in a research note on Friday. Finally, Desjardins decreased their price target on Snc-Lavalin Group from C$37.00 to C$34.00 in a research note on Friday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of C$32.63.
SNC opened at C$17.81 on Friday. The company has a market cap of $3.13 billion and a P/E ratio of -2.21. The business’s 50-day moving average is C$24.29. Snc-Lavalin Group has a 52-week low of C$17.46 and a 52-week high of C$57.41. The company has a debt-to-equity ratio of 134.91, a quick ratio of 0.72 and a current ratio of 0.82.
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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