SNC – Lavalin (SNC) Receives a Buy from BMO Capital


SNC – Lavalin (TSX: SNC), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Analyst Devin Dodge from BMO Capital reiterated a Buy rating, with a C$70 price target.

Dodge has an average return of 3.2% when recommending SNC – Lavalin.

According to TipRanks.com, Dodge is ranked #2166 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$71, representing a 25.5% upside. In a report released yesterday, Scotiabank also reiterated 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 Thursday at C$56.56.

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