SNC-Lavalin Group Inc (SNCAF) Given “Outperform” Rating at RBC Capital Markets
RBC Capital Markets reiterated their outperform rating on shares of SNC-Lavalin Group Inc (OTCMKTS:SNCAF) in a research note published on Sunday morning. The brokerage currently has a $62.00 price target on the stock, down from their prior price target of $63.00.
Several other research analysts also recently commented on the stock. TD Securities reissued a buy rating and set a $63.00 price target (up from $56.00) on shares of SNC-Lavalin Group in a research note on Tuesday, June 7th. Scotiabank reissued an outperform rating and set a $52.00 price target on shares of SNC-Lavalin Group in a research note on Friday, July 1st. Finally, CIBC raised shares of SNC-Lavalin Group from a sector perform rating to an outperform rating and lifted their price target for the stock from $55.00 to $63.00 in a research note on Friday, September 16th. Eleven equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus price target of $58.14.
Shares of SNC-Lavalin Group (OTCMKTS:SNCAF) opened at 39.2201 on Friday. SNC-Lavalin Group has a 1-year low of $26.98 and a 1-year high of $44.30. The stock has a 50 day moving average of $42.67 and a 200-day moving average of $39.89. The company has a market capitalization of $5.89 billion and a price-to-earnings ratio of 16.0475.
About SNC-Lavalin Group
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