Could ShawCor Ltd. Gain Strenght? The Stock Reaches 52-Week Low

 Could ShawCor Ltd. Gain Strenght? The Stock Reaches 52 Week Low

The stock of ShawCor Ltd. (TSE:SCL) is a huge mover today! About 27,307 shares traded hands. ShawCor Ltd. (TSE:SCL) has risen 20.12% since March 28, 2016 and is uptrending. It has outperformed by 17.11% the S&P500.
The move comes after 6 months negative chart setup for the $2.12B company. It was reported on Nov, 1 by Barchart.com. We have $30.44 PT which if reached, will make TSE:SCL worth $169.60M less.

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 7.28% above today’s ($33.09) stock price. Shawcor Ltd has been the topic of 5 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock has “Sector Perform” rating given by RBC Capital Markets on Friday, August 7. The firm has “Outperform” rating given on Monday, August 10 by BMO Capital Markets. TD Securities maintained the shares of SCL in a report on Friday, August 7 with “Buy” rating.

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, Prnewswire.com published: “ShawCor Ltd. To Acquire Desert NDT LLC” on May 08, 2014. More interesting news about ShawCor Ltd. (TSE:SCL) were released by: Fool.ca and their article: “ShawCor Ltd.’s Global Approach Suggests a Long-Term Buying Opportunity” published on March 09, 2015 as well as Fool.ca‘s news article titled: “Why ShawCor Ltd. Deserves a Spot in Your Portfolio” with publication date: August 12, 2014.

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