Snc Lavalin Price Target Cut to C$45.00 (SNC)
Investment analysts at RBC Capital lowered their price objective on shares of Snc Lavalin (TSE:SNC) from C$46.00 to C$45.00 in a note issued to investors on Monday, AR Network reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s price objective suggests a potential upside of 3.02% from the stock’s previous close.
A number of other firms have also recently commented on SNC. Analysts at CIBC cut their price target on shares of Snc Lavalin from C$50.00 to C$48.00 in a research note to investors on Thursday, October 17th. They now have an “outperform” rating on the stock. Separately, analysts at TD Securities cut their price target on shares of Snc Lavalin from C$46.00 to C$43.00 in a research note to investors on Wednesday, October 16th. They now have a “hold” rating on the stock. Finally, analysts at Scotiabank cut their price target on shares of Snc Lavalin from C$47.00 to C$43.50 in a research note to investors on Wednesday, October 16th. They now have a “sector perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of C$47.15.
Shares of Snc Lavalin (TSE:SNC) traded down 0.36% on Monday, hitting $43.68. The stock had a trading volume of 369,617 shares. Snc Lavalin has a 52-week low of $36.79 and a 52-week high of $49.85. The stock has a 50-day moving average of $40.97 and a 200-day moving average of $42.66. The company has a market cap of $6.621 billion and a P/E ratio of 29.03.
SNC-Lavalin Group Inc (TSE:SNC) is an international engineering and construction company.
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