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SNC-Lavalin (TSE:SNC) stock price target increased to $63.00, issued a research note today by Scotia Capital

Yesterday SNC-Lavalin (TSE:SNC) traded -0.29% lower at $51.72. The company’s 50-day moving average is $54.49 and its 200-day moving average is $52.30. The last closing price is down -1.24% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 232,533 shares of the stock traded hands, down from an average trading volume of 308,427

In a report released on 10/07/2016 Scotia Capital increased the stock price target of SNC-Lavalin (TSE:SNC) to $63.00 indicating a possible upside of 0.22%.

Previously on 9/30/2016, Raymond James reported on SNC-Lavalin (TSE:SNC) reduced the target price from $65.00 to $63.00. At the time, this indicated a possible upside of 0.21%.

See Chart Below

SNC-Lavalin (TSE:SNC)

SNC-Lavalin has a 52 week low of $36.47 and a 52 week high of $58.46 with a P/E ratio of 16.01 The company’s market cap is currently $0.

In addition to Scotia Capital reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $47.27 with 0 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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.

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