SNC-Lavalin Group’s (SNCAF) Buy Rating Reaffirmed at TD Securities
TD Securities reissued their buy rating on shares of SNC-Lavalin Group Inc (OTCMKTS:SNCAF) in a research report released on Sunday morning. TD Securities currently has a $66.00 target price on the stock, down from their previous target price of $70.00.
SNCAF has been the topic of a number of other research reports. Scotiabank restated an outperform rating and set a $52.00 price target on shares of SNC-Lavalin Group in a research note on Friday, July 1st. CIBC upgraded SNC-Lavalin Group from a sector perform rating to an outperform rating and boosted their price target for the stock from $55.00 to $63.00 in a research note on Friday, September 16th. Finally, RBC Capital Markets restated an outperform rating and set a $62.00 price target (down previously from $63.00) on shares of SNC-Lavalin Group in a research note on Sunday. Eleven equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of $57.77.
SNC-Lavalin Group (OTCMKTS:SNCAF) traded down 1.4818% during midday trading on Friday, hitting $39.2201. 32,900 shares of the stock traded hands. SNC-Lavalin Group has a 12 month low of $26.98 and a 12 month high of $44.30. The firm has a market cap of $5.89 billion and a PE ratio of 16.0475. The company’s 50 day moving average price is $42.67 and its 200 day moving average price is $39.89.
About SNC-Lavalin Group
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