SNC-Lavalin Group Inc (SNCAF) Upgraded to “Outperform” at CIBC
CIBC upgraded shares of SNC-Lavalin Group Inc (OTCMKTS:SNCAF) from a sector perform rating to an outperform rating in a report published on Friday. The firm currently has $63.00 price objective on the stock, up from their prior price objective of $55.00.
SNCAF has been the topic of a number of other reports. Scotiabank reiterated an outperform rating and issued a $52.00 target price on shares of SNC-Lavalin Group in a report on Friday, July 1st. TD Securities reiterated a buy rating and issued a $63.00 target price (up from $56.00) on shares of SNC-Lavalin Group in a report on Tuesday, June 7th. Ten research analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average price target of $57.75.
SNC-Lavalin Group (OTCMKTS:SNCAF) remained flat at $43.46 during trading on Friday. The company has a market capitalization of $6.53 billion and a PE ratio of 17.42. The firm’s 50 day moving average price is $43.18 and its 200 day moving average price is $39.44. SNC-Lavalin Group has a 52 week low of $26.98 and a 52 week high of $44.30.
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