Snc-Lavalin Group (TSE:SNC) Price Target Cut to C$25.00 by Analysts at Raymond James

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Snc-Lavalin Group (TSE:SNC) had its target price lowered by Raymond James from C$32.00 to C$25.00 in a report released on Friday morning, BayStreet.CA reports. Raymond James currently has a market perform rating on the stock.

Several other equities research analysts have also commented on the stock. TD Securities decreased their price objective on shares of 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. Royal Bank of Canada decreased their price objective on shares of Snc-Lavalin Group from C$34.00 to C$32.00 in a research note on Friday. National Bank Financial decreased their price objective on shares of 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. Canaccord Genuity decreased their price objective on shares of Snc-Lavalin Group from C$43.00 to C$34.00 in a research note on Friday. Finally, Desjardins decreased their price objective on shares of Snc-Lavalin Group from C$37.00 to C$34.00 in a research note on Friday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Snc-Lavalin Group has a consensus rating of Hold and a consensus target price of C$32.63.

TSE:SNC opened at C$17.81 on Friday. The company has a debt-to-equity ratio of 134.91, a quick ratio of 0.72 and a current ratio of 0.82. The stock has a market cap of $3.13 billion and a price-to-earnings ratio of -2.21. 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 50-day moving average price of C$24.29.

About Snc-Lavalin Group

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

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