In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, SNC – Lavalin (SNC). Desjardins’ analyst Benoit Poirier reiterates their Hold rating on the shares, with a C$42 price target.
Poirier has an average return of 1.2% when recommending SNC – Lavalin.
According to TipRanks.com, Poirier is ranked #291 out of 5194 analysts.
Currently, the analyst consensus on SNC – Lavalin is a Moderate Buy with an average price target of C$40.83, representing a 46.1% upside. In a report issued on May 3, BMO Capital also reiterated a Hold rating on the stock with a C$35 price target.
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SNC – Lavalin’s market cap is currently C$5.1B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.48.
SNC-Lavalin Group, Inc. engages in the provision of engineering and construction services. It offers engineering, procurement, construction, project management, project financing services to industry sectors. The company operates through the following segments: Mining and Metallurgy, Oil and Gas, Power, Infrastructure, Atkins, and Capital.
The company’s shares closed on Tuesday at C$27.95, close to its 52-week low of C$26.31.
