Snc-Lavalin Group Inc (SNC) Price Target Increased to C$69.00 by Analysts at Royal Bank Of Canada
Snc-Lavalin Group Inc (TSE:SNC) had its target price increased by analysts at Royal Bank Of Canada from C$67.00 to C$69.00 in a research note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 17.43% from the stock’s current price.
Several other research analysts also recently issued reports on SNC. Desjardins lifted their price target on Snc-Lavalin Group from C$69.00 to C$72.00 in a research note on Friday. BMO Capital Markets lifted their price objective on Snc-Lavalin Group from C$67.00 to C$68.00 in a research report on Friday. AltaCorp Capital reiterated a “sector perform” rating on shares of Snc-Lavalin Group in a research report on Tuesday, August 8th. Canaccord Genuity lifted their price objective on Snc-Lavalin Group from C$76.00 to C$77.00 in a research report on Tuesday. Finally, Raymond James Financial, Inc. lifted their price objective on Snc-Lavalin Group from C$66.00 to C$68.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 8th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of C$70.33.
Shares of Snc-Lavalin Group (TSE:SNC) traded up C$58.77 during trading hours on Friday, reaching C$58.77. 225,901 shares of the company’s stock traded hands.
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In other Snc-Lavalin Group news, Director Jacques Bougie purchased 2,000 shares of the stock in a transaction on Wednesday, August 16th. The stock was bought at an average price of C$52.75 per share, for a total transaction of C$105,500.00. Also, Director Jean Raby purchased 500 shares of the stock in a transaction on Friday, August 11th. The stock was acquired at an average price of C$52.99 per share, with a total value of C$26,495.00.
Snc-Lavalin Group Company Profile
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