Snc-Lavalin Group Inc (SNC) Set to Announce Earnings on Thursday
Snc-Lavalin Group Inc (TSE:SNC) is scheduled to post its quarterly earnings results before the market opens on Thursday, August 3rd. Analysts expect Snc-Lavalin Group to post earnings of $0.56 per share for the quarter.
Snc-Lavalin Group Inc (TSE:SNC) traded down 0.14% during trading on Thursday, hitting $55.65. The stock had a trading volume of 328,511 shares. The company’s 50 day moving average is $55.33 and its 200-day moving average is $54.71. Snc-Lavalin Group Inc has a 12 month low of $50.27 and a 12 month high of $59.63. The company has a market cap of $8.37 billion and a PE ratio of 37.47.
In other Snc-Lavalin Group news, insider Hartland Paterson bought 2,000 shares of the company’s stock in a transaction on Friday, June 16th. The shares were bought at an average price of C$52.50 per share, for a total transaction of C$105,000.00. Also, insider Chantal Sorel sold 1,200 shares of the business’s stock in a transaction that occurred 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.
A number of equities research analysts have recently weighed in on the company. TD Securities reaffirmed an “action list buy” rating and issued a C$73.00 price objective on shares of Snc-Lavalin Group in a research note on Friday, May 5th. Canaccord Genuity lifted their price objective on Snc-Lavalin Group from C$64.00 to C$76.00 and gave the company a “buy” rating in a research note on Tuesday, July 4th. Desjardins reaffirmed a “buy” rating on shares of Snc-Lavalin Group in a research note on Friday, April 28th. CIBC set a C$67.00 price objective on Snc-Lavalin Group and gave the company an “outperform” rating in a research note on Monday, July 10th. Finally, Scotiabank reaffirmed an “outperform” rating and issued a C$68.00 price objective on shares of Snc-Lavalin Group in a research note on Tuesday, July 4th. One 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 an average rating of “Buy” and a consensus price target of C$67.89.
Snc-Lavalin Group Company Profile
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