On February 18, an analyst has provided a rating update for SNC – Lavalin (SNC). Analyst Derek Spronck from RBC Capital remains bullish on the stock and has a C$44 price target.
According to TipRanks.com, Spronck is ranked #716 out of 5188 analysts.
SNC – Lavalin has an analyst consensus of Moderate Buy, with a price target consensus of C$46.78, a 36.3% upside from current levels. In a report issued on February 11, AltaCorp Captial also reiterated a Buy rating on the stock with a C$48 price target.
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SNC – Lavalin’s market cap is currently C$6.02B and has a P/E ratio of 18.2. The company has a Price to Book ratio of 1.22.
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 Wednesday at C$34.31, close to its 52-week low of C$33.51.
