SNC – Lavalin (SNC), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. RBC Capital’s analyst Derek Spronck reiterates their Buy rating on the shares, with a C$40 price target.
According to TipRanks.com, Spronck is a 4-star analyst with an average return of 8.3% and a 62.2% success rate. Spronck covers the Basic Materials sector, focusing on stocks such as Waste Connections Inc, SNC-Lavalin Group Inc, and Republic Services.
SNC – Lavalin has an analyst consensus of Moderate Buy, with a price target consensus of C$41.67.
The company has a one-year high of C$61.54 and a one-year low of C$28.97. Currently, SNC – Lavalin has an average volume of 812.6K.
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$28.19.
