SNC-Lavalin Group Inc (SNC) Price Target Lowered to C$62.00 at Royal Bank Of Canada
SNC-Lavalin Group Inc (TSE:SNC) had its price target lowered by Royal Bank Of Canada from C$63.00 to C$62.00 in a research report released on Friday. Royal Bank Of Canada currently has an outperform rating on the stock.
A number of other research analysts have also recently commented on the company. CIBC upgraded SNC-Lavalin Group from a sector perform rating to an outperform rating and boosted their price objective for the stock from C$55.00 to C$63.00 in a research note on Thursday, September 15th. TD Securities restated a buy rating and set a C$70.00 price objective on shares of SNC-Lavalin Group in a research note on Thursday, August 11th. AltaCorp Capital cut SNC-Lavalin Group from an outperform rating to a sector perform rating in a research note on Friday, August 5th. Raymond James Financial Inc. boosted their price objective on SNC-Lavalin Group from C$60.00 to C$65.00 and gave the stock an outperform rating in a research note on Saturday, August 6th. Finally, National Bank Financial boosted their price objective on SNC-Lavalin Group from C$63.50 to C$64.00 and gave the stock an outperform rating in a research note on Saturday, August 6th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of C$61.20.
Shares of SNC-Lavalin Group (TSE:SNC) opened at 51.53 on Friday. The firm has a market capitalization of $7.74 billion and a PE ratio of 15.97. The firm’s 50-day moving average price is $55.05 and its 200-day moving average price is $52.17. SNC-Lavalin Group has a 52-week low of $36.47 and a 52-week high of $58.46.
About SNC-Lavalin Group
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