BMO Capital Maintains a Hold Rating on SNC – Lavalin (SNC)


The Materials sector company, SNC – Lavalin (SNC), has received a rating update from a Wall Street analyst today. Analyst Devin Dodge from BMO Capital reiterated a Hold rating, with a C$33 price target.

According to TipRanks.com, Dodge is ranked #2580 out of 5237 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SNC – Lavalin with a C$38.67 average price target, which is a 54.4% upside from current levels. In a report issued on July 3, Raymond James also maintained a Hold rating on the stock with a C$32 price target.

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The company has a one-year high of C$58.20 and a one-year low of C$23.44. Currently, SNC – Lavalin has an average volume of 827.5K.

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 Monday at C$25.04, close to its 52-week low of C$23.44.

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