Scotiabank reiterated their outperform rating on shares of SNC-Lavalin Group Inc (OTCMKTS:SNCAF) in a research note issued to investors on Sunday. The firm currently has a $63.00 price objective on the stock.
A number of other brokerages have also issued reports on SNCAF. TD Securities reissued a buy rating and issued a $70.00 target price (up previously from $63.00) on shares of SNC-Lavalin Group in a research report on Wednesday, August 10th. RBC Capital Markets reissued an outperform rating and issued a $62.00 target price (down previously from $63.00) on shares of SNC-Lavalin Group in a research report on Sunday. Finally, CIBC raised SNC-Lavalin Group from a sector perform rating to an outperform rating and lifted their target price for the company from $55.00 to $63.00 in a research report on Friday, September 16th. Eleven research analysts have rated the stock with a buy rating, SNC-Lavalin Group has a consensus rating of Buy and a consensus target price of $57.77.
Shares of SNC-Lavalin Group (OTCMKTS:SNCAF) traded down 1.4818% on Friday, hitting $39.2201. The company had a trading volume of 32,900 shares. The firm has a 50-day moving average price of $42.67 and a 200 day moving average price of $39.89. SNC-Lavalin Group has a 12-month low of $26.98 and a 12-month high of $44.30. The company has a market capitalization of $5.89 billion and a P/E ratio of 16.0475.
About SNC-Lavalin Group
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