TD Securities Lowers SNC-Lavalin Group Inc (SNC) Price Target to C$66.00
SNC-Lavalin Group Inc (TSE:SNC) had its price objective lowered by investment analysts at TD Securities from C$70.00 to C$66.00 in a research report issued on Friday. The firm currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 29.29% from the stock’s current price.
A number of other analysts have also weighed in on the stock. Scotiabank reiterated an “outperform” rating and issued a C$63.00 price objective on shares of SNC-Lavalin Group in a research note on Friday. Raymond James Financial Inc. cut their price objective on shares of SNC-Lavalin Group from C$65.00 to C$63.00 in a research note on Friday. Royal Bank Of Canada cut their price objective on shares of SNC-Lavalin Group from C$63.00 to C$62.00 and set an “outperform” rating on the stock in a research note on Friday. CIBC upgraded shares of SNC-Lavalin Group from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$55.00 to C$63.00 in a research note on Thursday, September 15th. Finally, AltaCorp Capital lowered shares of SNC-Lavalin Group from an “outperform” rating to a “sector perform” rating in a research note on Friday, August 5th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. SNC-Lavalin Group presently has a consensus rating of “Buy” and an average target price of C$61.20.
SNC-Lavalin Group (TSE:SNC) opened at 51.05 on Friday. SNC-Lavalin Group has a 1-year low of $36.47 and a 1-year high of $58.46. The company has a market cap of $7.67 billion and a PE ratio of 15.82. The company has a 50-day moving average price of $54.90 and a 200-day moving average price of $52.27.
SNC-Lavalin Group Company Profile
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