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. The company received a Buy today from National Bank’s analyst Maxim Sytchev, with a C$66 price target.
According to TipRanks.com, Sytchev is ranked #2628 out of 4908 analysts.
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SNC – Lavalin has an analyst consensus of Strong Buy, with a price target consensus of C$63.78, implying a 38.7% upside from current levels. In a report issued on October 22, RBC Capital also reiterated a Buy rating on the stock with a C$62 price target.
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SNC – Lavalin’s market cap is currently C$8.07B and has a P/E ratio of 26. The company has a Price to Book ratio of 1.61.
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$46, close to its 52-week low of C$43.73.
