Snc-Lavalin Group Inc (TSE:SNC) insider Chantal Sorel sold 1,200 shares of the company’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of C$53.42, for a total value of C$64,104.00.

Shares of Snc-Lavalin Group Inc (TSE:SNC) traded down 0.72% on Monday, hitting $52.07. The stock had a trading volume of 452,844 shares. The company has a market cap of $7.83 billion and a price-to-earnings ratio of 35.06. Snc-Lavalin Group Inc has a 12-month low of $50.27 and a 12-month high of $59.63. The stock has a 50 day moving average price of $53.87 and a 200-day moving average price of $55.45.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Thursday, June 1st will be given a $0.273 dividend. This represents a $1.09 annualized dividend and a yield of 2.10%. The ex-dividend date is Tuesday, May 16th.

TRADEMARK VIOLATION WARNING: “Insider Selling: Snc-Lavalin Group Inc (SNC) Insider Sells 1,200 Shares of Stock” was first published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/05/15/insider-selling-snc-lavalin-group-inc-snc-insider-sells-1200-shares-of-stock.html.

Several research analysts recently issued reports on the company. CIBC lowered Snc-Lavalin Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, January 18th. Royal Bank of Canada upped their target price on Snc-Lavalin Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research report on Friday, January 27th. Scotiabank upped their target price on Snc-Lavalin Group from C$65.00 to C$67.00 and gave the company an “outperform” rating in a research report on Tuesday, February 14th. TD Securities reduced their target price on Snc-Lavalin Group from C$68.00 to C$67.00 and set a “buy” rating on the stock in a research report on Friday, March 3rd. Finally, National Bank Financial upped their target price on Snc-Lavalin Group from C$66.00 to C$67.00 in a research report on Friday, March 3rd. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of C$65.89.

About Snc-Lavalin Group

Receive News & Ratings for Snc-Lavalin Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snc-Lavalin Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.