SNC-Lavalin Group (OTCMKTS:SNCAF) PT Lowered to C$37.00 at TD Securities

SNC-Lavalin Group (OTCMKTS:SNCAF – Get Rating) had its price target cut by TD Securities from C$41.00 to C$37.00 in a research note published on Friday morning, The Fly reports.

Other analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price objective on SNC-Lavalin Group from C$47.00 to C$45.00 and set a buy rating on the stock in a research note on Monday, February 14th. Royal Bank of Canada decreased their target price on SNC-Lavalin Group from C$42.00 to C$39.00 in a report on Monday, February 14th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, SNC-Lavalin Group currently has an average rating of Buy and an average price target of $40.73.

Shares of SNCAF traded down $0.13 during midday trading on Friday, reaching $19.51. The stock had a trading volume of 224 shares, compared to its average volume of 1,996. SNC-Lavalin Group has a 52 week low of $19.25 and a 52 week high of $30.09. The firm’s 50 day moving average price is $23.37 and its 200-day moving average price is $24.05.

About SNC-Lavalin Group (Get Rating)

SNC-Lavalin Group Inc operates as an integrated professional services and project management company. It operates through Engineering, Design, and Project Management (EDPM); Nuclear; Infrastructure Services; Resources; Infrastructure EPC (Engineering, Procurement, and Construction) Projects; and Capital segments.

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