SNC-Lavalin Group’s (TSE:SNC) “Outperform” Rating Reiterated at Scotiabank

SNC-Lavalin Group Inc. (TSE:SNC)‘s stock had its “outperform” rating reiterated by stock analysts at Scotiabank in a research note issued on Tuesday, October 31st. They presently have a C$70.00 price target on the stock. Scotiabank’s price target indicates a potential upside of 25.07% from the stock’s current price.

SNC has been the topic of a number of other research reports. AltaCorp Capital reaffirmed a “sector perform” rating on shares of SNC-Lavalin Group in a research report on Tuesday, August 8th. BMO Capital Markets reissued an “outperform” rating and set a C$67.00 price objective on shares of SNC-Lavalin Group in a report on Friday, August 4th. Raymond James Financial, Inc. increased their price objective on SNC-Lavalin Group from C$66.00 to C$68.00 and gave the stock an “outperform” rating in a report on Tuesday, August 8th. Royal Bank Of Canada started coverage on SNC-Lavalin Group in a report on Monday, October 23rd. They set an “outperform” rating and a C$67.00 price objective on the stock. Finally, Canaccord Genuity increased their price objective on SNC-Lavalin Group from C$76.00 to C$77.00 in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of C$70.33.

Shares of SNC-Lavalin Group (SNC) traded down C$0.04 during trading on Tuesday, reaching C$55.97. The company had a trading volume of 179,300 shares, compared to its average volume of 360,045. SNC-Lavalin Group has a 1-year low of C$50.28 and a 1-year high of C$59.63.

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In other news, Director Benita Marie Warmbold bought 3,000 shares of the stock in a transaction dated Tuesday, November 14th. The stock was bought at an average price of C$56.79 per share, for a total transaction of C$170,370.00.

About SNC-Lavalin Group

Analyst Recommendations for SNC-Lavalin Group (TSE:SNC)

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