Analysts have been quite happy with SNC – Lavalin (TSX: SNC) stock lately, with several positive ratings in a row that it received in the past month alone. Desjardins’ analyst Benoit Poirier reiterates their Buy rating on the shares, with a C$73 price target.
Poirier has an average return of 8.6% when recommending SNC – Lavalin.
According to TipRanks.com, Poirier is ranked #99 out of 4848 analysts.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for SNC – Lavalin with a C$72.13 average price target, implying a 27.6% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$73 price target.
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The company has a one-year high of C$61.54 and a one-year low of C$50.87. Currently, SNC – Lavalin has an average volume of 358.9K.
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$56.53.
