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A statement released earlier today by Desjardins Securities about SNC-Lavalin (TSE:SNC) bumps the target price to $72.00

Boasting a price of $58.98, SNC-Lavalin (TSE:SNC) traded 0.05% higher on the day. With the last close up 4.35% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. SNC-Lavalin has recorded a 50-day average of $55.38 and a two hundred day average of $54.32. Volume of trade was down over the average, with 186,910 shares of SNC changing hands under the typical 370,982

Desjardins Securities bumped up the target of SNC-Lavalin (TSE:SNC) to $72.00 stating a potential upside of 0.22%.

On 10/16/2017, Scotia Capital released a statement on SNC-Lavalin (TSE:SNC) bumped up the target price from $0.00 to $70.00 that suggested an upside of 0.23%.

Performance Chart

With a total market value of $0, SNC-Lavalin has price-earnings ratio of 31.45 with a one year low of $50.28 and a one year high of $59.63 .

A total of 11 analysts have released a research note on SNC. zero Analysts Rating the company a strong buy, nine analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $47.16.

More About SNC-Lavalin (TSE:SNC)

SNC-Lavalin Group Inc. is a Canada-based engineering and construction company. The Company's segments include Mining & Metallurgy, which provides solutions for a range of projects in the aluminum, gold, copper, iron ore, nickel, fertilizers and sulfur product sectors, among others; Oil & Gas, which includes projects in the upstream, midstream and downstream (supporting infrastructure) sectors for oil and gas and resources companies, supporting these clients operating across the asset lifecycle from front end evaluation through decommissioning (capital expenditures and operational expenditures); Power, which includes projects and services in hydro, nuclear and thermal power generation, renewable power generation, energy from waste, and electrical transmission and distribution systems; Infrastructure, which is divided into the Infrastructure & Construction and Operations & Maintenance sub-segments, and Capital segment is the investment and asset management arm of the Company.

The post A statement released earlier today by Desjardins Securities about SNC-Lavalin (TSE:SNC) bumps the target price to $72.00 appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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A statement released earlier today by Desjardins Securities about SNC-Lavalin (TSE:SNC) bumps the target price to $72.00

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