SNC-Lavalin Group Inc. (OTCMKTS:PWCDF) Given Average Rating of “Hold” by Analysts

SNC-Lavalin Group Inc. (OTCMKTS:PWCDF) has been given an average recommendation of “Hold” by the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $26.75.

Several equities research analysts recently weighed in on PWCDF shares. Scotiabank decreased their price objective on SNC-Lavalin Group from $30.00 to $29.00 and set a “sector perform” rating for the company in a report on Tuesday, May 19th. Desjardins upgraded SNC-Lavalin Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 19th. CIBC cut their target price on SNC-Lavalin Group from $30.00 to $29.00 and set an “outperform” rating for the company in a research note on Tuesday, May 19th. TD Securities upgraded SNC-Lavalin Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 19th. Finally, Royal Bank of Canada cut their target price on SNC-Lavalin Group from $30.00 to $24.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 22nd.

Shares of SNC-Lavalin Group stock opened at $17.66 on Friday. The stock has a fifty day moving average price of $17.69 and a 200-day moving average price of $18.79. SNC-Lavalin Group has a 1 year low of $12.06 and a 1 year high of $26.75.

SNC-Lavalin Group Company Profile

Power Corporation of Canada operates as diversified international management and holding company with interests in the financial services, sustainable and renewable energy, asset management, and other business sectors in North America, Europe, and Asia. The company operates through Lifeco, IGM Financial, and Pargesa segments.

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Analyst Recommendations for SNC-Lavalin Group (OTCMKTS:PWCDF)

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