Raymond James Reaffirms Their Hold Rating on SNC – Lavalin (SNC)


Today, an analyst has provided a rating update for the Materials sector company, SNC – Lavalin (SNC). Raymond James’ analyst Frederic Bastien reiterates their Hold rating on the shares, with a C$35 price target.

According to TipRanks.com, Bastien is ranked #2441 out of 5194 analysts.

Currently, the analyst consensus on SNC – Lavalin is a Moderate Buy with an average price target of C$41.67, a 47.9% upside from current levels. In a report released today, 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$5.09B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.39.

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 Friday at C$28.19.

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