Analysts have been quite happy with SNC – Lavalin (TSX: SNC) stock lately, with another positive rating update this time from TD Securities. Analyst Michael Tupholme reiterated a Buy rating, with a C$77 price target today.
Tupholme has an average return of 7.3% when recommending SNC – Lavalin.
According to TipRanks.com, Tupholme is ranked #792 out of 4853 analysts.
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Currently, the analyst consensus on SNC – Lavalin is a Strong Buy with an average price target of C$72, a 28.6% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a C$73 price target.
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SNC – Lavalin’s market cap is currently C$9.93B and has a P/E ratio of 25.4. The company has a Price to Book ratio of 1.96.
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$55.97.
