SNC-Lavalin Group Inc. (OTCMKTS:SNCAF) Given Average Recommendation of “Buy” by Brokerages

SNC-Lavalin Group Inc. (OTCMKTS:SNCAF – Get Rating) has earned a consensus recommendation of “Buy” from the nine analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a buy rating. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $40.33.

A number of research firms recently weighed in on SNCAF. Canaccord Genuity Group decreased their price objective on SNC-Lavalin Group from C$47.00 to C$45.00 and set a “buy” rating for the company in a report on Monday, February 14th. Raymond James cut their price target on shares of SNC-Lavalin Group from C$38.00 to C$37.00 in a research report on Friday, May 6th. BMO Capital Markets cut their price target on shares of SNC-Lavalin Group from C$31.00 to C$30.00 in a research report on Friday, May 6th. Royal Bank of Canada cut their price target on shares of SNC-Lavalin Group from C$37.00 to C$36.00 in a research report on Friday, May 6th. Finally, TD Securities cut their price target on shares of SNC-Lavalin Group from C$41.00 to C$37.00 in a research report on Friday, May 6th.

OTCMKTS SNCAF remained flat at $$19.91 on Friday. SNC-Lavalin Group has a fifty-two week low of $18.24 and a fifty-two week high of $30.09. The stock’s 50 day simple moving average is $22.65 and its 200 day simple moving average is $23.51.

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.

Featured Stories