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

SNC-Lavalin Group Inc. (OTCMKTS:SNCAFGet Rating) has received a consensus recommendation of “Buy” from the nine analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $40.33.

SNCAF has been the topic of a number of recent analyst reports. BMO Capital Markets cut their price target on shares of SNC-Lavalin Group from C$31.00 to C$30.00 in a report on Friday, May 6th. Scotiabank decreased their price target on SNC-Lavalin Group from C$48.00 to C$45.00 in a research note on Friday, May 6th. 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 report on Monday, February 14th. Raymond James lowered their target price on shares of SNC-Lavalin Group from C$38.00 to C$37.00 in a research note on Friday, May 6th. Finally, Royal Bank of Canada decreased their price objective on shares of SNC-Lavalin Group from C$37.00 to C$36.00 in a report on Friday, May 6th.

SNCAF opened at $18.09 on Tuesday. SNC-Lavalin Group has a 1 year low of $17.84 and a 1 year high of $30.09. The stock has a 50-day moving average price of $21.11 and a 200-day moving average price of $22.63.

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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Analyst Recommendations for SNC-Lavalin Group (OTCMKTS:SNCAF)

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