SNC – Lavalin (TSX: SNC), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. The company received a Buy rating from Desjardins’ analyst Benoit Poirier, with a C$75 price target.
Poirier has an average return of 7.1% when recommending SNC – Lavalin.
According to TipRanks.com, Poirier is ranked #149 out of 4872 analysts.
Currently, the analyst consensus on SNC – Lavalin is a Strong Buy with an average price target of C$72.57.
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 341K.
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$52.04, close to its 52-week low of C$50.87.
