The Snc-Lavalin Group Inc (SNC) Forecasted to Post FY2018 Earnings of $1.95 Per Share

The Snc-Lavalin Group Inc (SNC) Forecasted to Post FY2018 Earnings of $1.95 Per Share

Snc-Lavalin Group Inc (TSE:SNC) – Stock analysts at National Bank Financial issued their FY2018 EPS estimates for Snc-Lavalin Group in a research note issued to investors on Monday. National Bank Financial analyst M. Sytchev forecasts that the brokerage will earn $1.95 per share for the year.

Several other equities analysts have also recently issued reports on SNC. Royal Bank Of Canada lowered their price objective on Snc-Lavalin Group from C$63.00 to C$62.00 and set an “outperform” rating on the stock in a research report on Friday, September 30th. Raymond James Financial Inc. lowered their price objective on Snc-Lavalin Group from C$65.00 to C$63.00 in a research report on Friday, September 30th. Scotiabank reaffirmed an “outperform” rating and issued a C$63.00 price objective on shares of Snc-Lavalin Group in a research report on Friday, September 30th. TD Securities lowered their price objective on Snc-Lavalin Group from C$70.00 to C$66.00 and set a “buy” rating on the stock in a research report on Friday, September 30th. Finally, Canaccord Genuity raised Snc-Lavalin Group from a “hold” rating to a “buy” rating and upped their price objective for the company from C$53.00 to C$67.00 in a research report on Wednesday, December 21st. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of C$62.30.

Shares of Snc-Lavalin Group (TSE:SNC) traded up 0.78% during trading on Thursday, hitting $56.62. The stock had a trading volume of 202,590 shares. The firm has a market capitalization of $8.51 billion and a P/E ratio of 28.07. Snc-Lavalin Group has a 1-year low of $37.19 and a 1-year high of $59.63. The stock’s 50-day moving average price is $57.45 and its 200 day moving average price is $55.46.

Snc-Lavalin Group Company Profile

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