BMO Capital Maintains Their Buy Rating on ShawCor (SCL)


In a new note to investors today, an analyst has provided a rating update for ShawCor (SCL). Analyst Michael Mazar from BMO Capital remains bullish on the stock and has a C$20 price target.

According to TipRanks.com, Mazar is ranked #4930 out of 5247 analysts.

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Currently, the analyst consensus on ShawCor is a Moderate Buy with an average price target of C$22.

ShawCor’s market cap is currently C$1.17B and has a P/E ratio of 76.6. The company has a Price to Book ratio of 1.14.

ShawCor Ltd. engages in the provision of products and services for the pipeline and pipe services of the oil and gas industry and related products for petrochemical and industrial markets. It operates through the Pipeline and Pipe Services and Petrochemical and Industrial segments.

The company’s shares closed on Friday at C$18.63.

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