Trading Report: The SNC-Lavalin Group Inc (SNCAF) Receives Consensus Rating of “Buy” from Brokerages

The SNC-Lavalin Group Inc (SNCAF) Receives Consensus Rating of “Buy” from Brokerages

SNC-Lavalin Group Inc (OTCMKTS:SNCAF) has earned an average rating of “Buy” from the ten analysts that are presently covering the stock. Ten research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $58.35.

SNCAF has been the topic of a number of recent research reports. CIBC upgraded shares of SNC-Lavalin Group from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $55.00 to $63.00 in a research report on Friday, September 16th. Scotiabank reiterated an “outperform” rating and set a $63.00 price target on shares of SNC-Lavalin Group in a research report on Monday, October 10th. RBC Capital Markets restated an “outperform” rating and issued a $62.00 target price (down previously from $63.00) on shares of SNC-Lavalin Group in a report on Sunday, October 2nd. Finally, TD Securities restated a “buy” rating and issued a $70.00 target price (up previously from $63.00) on shares of SNC-Lavalin Group in a report on Wednesday, August 10th.

Related posts

Leave a Comment