ShawCor Ltd. Can’t Be More Safe. Trades Significantly Higher


The stock of ShawCor Ltd. (TSE:SCL) is a huge mover today! About 41,615 shares traded hands. ShawCor Ltd. (TSE:SCL) has risen 6.94% since February 5, 2016 and is uptrending. It has underperformed by 9.54% the S&P500.
The move comes after 7 months positive chart setup for the $2.00 billion company. It was reported on Sep, 13 by We have $52.86 PT which if reached, will make TSE:SCL worth $1.38B more.

Out of 2 analysts covering Shawcor Ltd (TSE:SCL), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Shawcor Ltd has been the topic of 2 analyst reports since May 12, 2016 according to StockzIntelligence Inc.

ShawCor Ltd. is an energy services company. The company has a market cap of $2.00 billion. The Firm operates through two business divisions: Pipeline and Pipe Services, and Petrochemical and Industrial. It has a 58.42 P/E ratio. The Company’s Pipeline and Pipe Services segment includes the Bredero Shaw, CanusaCPS, Shaw Pipeline Services, Flexpipe Systems, Guardian and Desert NDT divisions.

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