SNC – Lavalin (SNC) Receives a Hold from Raymond James


Shares of SNC – Lavalin (SNC) were revisited by a Wall Street analyst today. Analyst Frederic Bastien from Raymond James rated SNC – Lavalin (SNC) a Hold, setting a C$40 price target.

According to TipRanks.com, Bastien is ranked #1991 out of 5177 analysts.

Currently, the analyst consensus on SNC – Lavalin is a Moderate Buy with an average price target of C$45.78, which is a 32.1% upside from current levels. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a C$38 price target.

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SNC – Lavalin’s market cap is currently C$5.94B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.63.

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 Tuesday at C$34.66, close to its 52-week low of C$33.30.

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