Analysts have been eager to weigh in on the Services sector with new ratings on Pembina Pipeline (PBA) and SNC-Lavalin Group (SNCAF).
Pembina Pipeline (PBA)
In a report released today, Chris Cox from Raymond James maintained a Buy rating on Pembina Pipeline, with a price target of C$36.00. The company’s shares closed last Monday at $23.76.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -3.0% and a 43.6% success rate. Cox covers the Utilities sector, focusing on stocks such as Tamarack Valley Energy, Crescent Point Energy, and Advantage Oil & Gas.
Pembina Pipeline has an analyst consensus of Strong Buy, with a price target consensus of $31.90, a 39.9% upside from current levels. In a report issued on April 27, Canaccord Genuity also maintained a Buy rating on the stock with a C$31.00 price target.
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SNC-Lavalin Group (SNCAF)
In a report released today, Frederic Bastien from Raymond James maintained a Hold rating on SNC-Lavalin Group, with a price target of C$27.00. The company’s shares closed last Friday at $15.43.
According to TipRanks.com, Bastien is ranked #5004 out of 6559 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SNC-Lavalin Group with a $29.78 average price target.
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