Snc-Lavalin Group Inc (SNC) Set to Announce Quarterly Earnings on Thursday
Snc-Lavalin Group Inc (TSE:SNC) is scheduled to announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of C$0.58 per share for the quarter.
Shares of Snc-Lavalin Group Inc (TSE:SNC) opened at 57.27 on Thursday. The company’s 50-day moving average is $56.08 and its 200 day moving average is $54.53. Snc-Lavalin Group Inc has a 52-week low of $50.28 and a 52-week high of $59.63. The firm has a market capitalization of $10.05 billion and a PE ratio of 31.78.
A number of research analysts have issued reports on SNC shares. Royal Bank Of Canada started coverage on shares of Snc-Lavalin Group in a report on Monday. They issued an “outperform” rating and a C$67.00 target price on the stock. Canaccord Genuity upped their target price on shares of Snc-Lavalin Group from C$64.00 to C$76.00 and gave the company a “buy” rating in a report on Tuesday, July 4th. Scotiabank restated an “outperform” rating and issued a C$68.00 target price on shares of Snc-Lavalin Group in a report on Tuesday, July 4th. Raymond James Financial, Inc. upped their target price on shares of Snc-Lavalin Group from C$66.00 to C$68.00 and gave the company an “outperform” rating in a report on Tuesday, August 8th. Finally, National Bank Financial reduced their target price on shares of Snc-Lavalin Group from C$70.00 to C$69.00 and set an “outperform” rating on the stock in a report on Friday, August 4th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$69.11.
In related news, Director Jacques Bougie acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was bought at an average price of C$52.75 per share, with a total value of C$105,500.00. Also, Director Jean Raby acquired 500 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were bought at an average cost of C$52.99 per share, with a total value of C$26,495.00.
COPYRIGHT VIOLATION WARNING: This news story was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/10/26/snc-lavalin-group-inc-snc-set-to-announce-quarterly-earnings-on-thursday.html.
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.