SNC-Lavalin Group Inc (TSE:SNC) has received a consensus recommendation of “Buy” from the eleven research firms that are covering the firm. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$61.20.

A number of equities research analysts have recently weighed in on the company. TD Securities cut their price target on SNC-Lavalin Group from C$70.00 to C$66.00 and set a “buy” rating for the company in a research note on Friday, September 30th. Scotiabank reaffirmed an “outperform” rating and set a C$63.00 price target on shares of SNC-Lavalin Group in a research note on Friday, September 30th. Raymond James Financial Inc. cut their price target on SNC-Lavalin Group from C$65.00 to C$63.00 in a research note on Friday, September 30th. Royal Bank Of Canada cut their price target on SNC-Lavalin Group from C$63.00 to C$62.00 and set an “outperform” rating for the company in a research note on Friday, September 30th. Finally, CIBC raised SNC-Lavalin Group from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$55.00 to C$63.00 in a research note on Thursday, September 15th.

Shares of SNC-Lavalin Group (TSE:SNC) opened at 51.80 on Tuesday. SNC-Lavalin Group has a one year low of $36.47 and a one year high of $58.46. The stock has a market cap of $7.78 billion and a PE ratio of 16.05. The stock’s 50 day moving average price is $54.49 and its 200-day moving average price is $52.30.

About SNC-Lavalin Group

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