Could Snc-Lavalin Group Inc Recover After Today’s Huge Decline?

 Could Snc Lavalin Group Inc Recover After Today's Huge Decline?

The stock of Snc-Lavalin Group Inc (TSE:SNC) is a huge mover today! About 46,700 shares traded hands. Snc-Lavalin Group Inc (TSE:SNC) has risen 21.24% since April 11, 2016 and is uptrending. It has outperformed by 17.31% the S&P500.
The move comes after 5 months negative chart setup for the $8.32B company. It was reported on Nov, 15 by Barchart.com. We have $52.14 PT which if reached, will make TSE:SNC worth $499.20M less.

Snc-Lavalin Group Inc (TSE:SNC) Ratings Coverage

Out of 6 analysts covering SNC-Lavalin Group (TSE:SNC), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $70 is the highest target while $46 is the lowest. The $56 average target is 0.96% above today’s ($55.47) stock price. SNC-Lavalin Group has been the topic of 27 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by Scotia Capital with “Outperform” on Friday, October 7. The rating was maintained by Scotia Capital with “” on Tuesday, September 15. The stock of Snc-Lavalin Group Inc (TSE:SNC) has “Outperform” rating given on Friday, September 16 by IBC. On Friday, November 4 the stock rating was maintained by TD Securities with “Buy”. Scotia Capital maintained the stock with “Outperform” rating in Friday, August 7 report. The firm earned “Outperform” rating on Monday, August 10 by RBC Capital Markets. RBC Capital Markets maintained Snc-Lavalin Group Inc (TSE:SNC) on Friday, January 8 with “Outperform” rating. The firm has “Hold” rating given on Friday, August 7 by TD Securities. The rating was maintained by TD Securities on Thursday, August 11 with “Buy”.

More recent Snc-Lavalin Group Inc (TSE:SNC) news were published by: Business.Financialpost.com which released: “SNC Lavalin Group Inc upgraded as corruption overhang passes” on September 15, 2016. Also Business.Financialpost.com published the news titled: “‘Not a permanent deterioration’: SNC-Lavalin looking up despite revenues being …” on November 03, 2016. Business.Financialpost.com‘s news article titled: “SNC-Lavalin Group Inc’s stock undervalued, analyst says, after company posts …” with publication date: March 03, 2016 was also an interesting one.

Snc-Lavalin Group Inc is a Canada-based engineering and construction company. The company has a market cap of $8.32 billion.

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