The stock of ShawCor Ltd. (TSE:SCL) is a huge mover today! About 82,666 shares traded hands. ShawCor Ltd. (TSE:SCL) has risen 15.79% since March 14, 2016 and is uptrending. It has outperformed by 10.25% the S&P500.
The move comes after 5 months positive chart setup for the $2.20 billion company. It was reported on Oct, 19 by Barchart.com. We have $48.98 PT which if reached, will make TSE:SCL worth $990.00M more.
ShawCor Ltd. (TSE:SCL) Ratings Coverage
Out of 2 analysts covering Shawcor Ltd (TSE:SCL), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $42 is the highest target while $32 is the lowest. The $35.50 average target is 5.09% above today’s ($33.78) stock price. Shawcor Ltd has been the topic of 5 analyst reports since August 7, 2015 according to StockzIntelligence Inc. TD Securities maintained it with “Buy” rating and $42 target price in Friday, August 7 report. BMO Capital Markets maintained ShawCor Ltd. (TSE:SCL) on Monday, August 10 with “Outperform” rating. The stock of ShawCor Ltd. (TSE:SCL) has “Sector Perform” rating given on Friday, August 7 by RBC Capital Markets.
More notable recent ShawCor Ltd. (TSE:SCL) news were published by: Globenewswire.com which released: “Shawcor Ltd. Acquires Flint Field Services’ Tubular Inspection & Management …” on November 26, 2015, also Globenewswire.com with their article: “Shawcor Ltd. Acquires Lake Superior Consulting” published on January 05, 2016, Reuters.com published: “BRIEF-Shawcor Ltd posts Q2 loss per share C$0.65” on August 10, 2016. More interesting news about ShawCor Ltd. (TSE:SCL) were released by: Prnewswire.com and their article: “ShawCor Ltd. To Acquire Desert NDT LLC” published on May 08, 2014 as well as Fool.ca‘s news article titled: “ShawCor Ltd.’s Global Approach Suggests a Long-Term Buying Opportunity” with publication date: March 09, 2015.
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