Snc-Lavalin Group Inc (SNC) PT Raised to C$72.00
Snc-Lavalin Group Inc (TSE:SNC) had its target price hoisted by research analysts at Desjardins from C$69.00 to C$72.00 in a research report issued on Friday. Desjardins’ price objective indicates a potential upside of 22.51% from the company’s previous close.
A number of other equities research analysts also recently weighed in on the company. Scotiabank reiterated an “outperform” rating and issued a C$70.00 price target on shares of Snc-Lavalin Group in a report on Monday, October 16th. CIBC set a C$67.00 price target on Snc-Lavalin Group and gave the company an “outperform” rating in a report on Monday, July 10th. National Bank Financial lowered their price target on Snc-Lavalin Group from C$70.00 to C$69.00 and set an “outperform” rating for the company in a report on Friday, August 4th. Royal Bank Of Canada initiated coverage on Snc-Lavalin Group in a report on Monday, October 23rd. They issued an “outperform” rating and a C$67.00 price target for the company. Finally, Canaccord Genuity boosted their price target on Snc-Lavalin Group from C$76.00 to C$77.00 in a report on Tuesday. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$70.33.
Shares of Snc-Lavalin Group (SNC) traded up C$58.77 during midday trading on Friday, hitting C$58.77. The stock had a trading volume of 225,901 shares,
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In related news, Director Jean Raby acquired 500 shares of the stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average cost of C$52.99 per share, for a total transaction of C$26,495.00. Also, Director Jacques Bougie acquired 2,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average price of C$52.75 per share, with a total value of C$105,500.00.
Snc-Lavalin Group Company Profile
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