SNC-Lavalin Group Inc (SNCAF) Receives Outperform Rating from Scotiabank
SNC-Lavalin Group Inc (OTCMKTS:SNCAF)‘s stock had its “outperform” rating reiterated by equities research analysts at Scotiabank in a report issued on Monday. They currently have a $63.00 price target on the stock. Scotiabank’s target price suggests a potential upside of 60.90% from the company’s current price.
SNCAF has been the subject of a number of other reports. TD Securities reissued a “buy” rating and set a $70.00 price objective (up from $63.00) on shares of SNC-Lavalin Group in a research report on Wednesday, August 10th. CIBC raised SNC-Lavalin Group from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $55.00 to $63.00 in a research report on Friday, September 16th. Finally, RBC Capital Markets reissued an “outperform” rating and set a $62.00 price objective (down from $63.00) on shares of SNC-Lavalin Group in a research report on Sunday, October 2nd. Ten analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus price target of $58.35.
SNC-Lavalin Group (OTCMKTS:SNCAF) opened at 39.154 on Monday. SNC-Lavalin Group has a 12 month low of $26.98 and a 12 month high of $44.30. The company has a 50 day moving average of $42.08 and a 200 day moving average of $40.02. The stock has a market capitalization of $5.88 billion and a price-to-earnings ratio of 15.955.
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About SNC-Lavalin Group
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