National Bank Financial downgraded shares of Snc-Lavalin Group (OTCMKTS:SNCAF) to a buy rating in a research note released on Friday morning, TipRanks reports.
Several other equities research analysts also recently commented on the company. Raymond James reissued a hold rating on shares of Snc-Lavalin Group in a report on Wednesday, July 3rd. BMO Capital Markets reissued a hold rating on shares of Snc-Lavalin Group in a report on Monday, July 8th. Finally, Desjardins reissued a hold rating on shares of Snc-Lavalin Group in a report on Friday. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Snc-Lavalin Group currently has an average rating of Hold.
Shares of OTCMKTS SNCAF traded down $1.47 during trading hours on Friday, hitting $12.29. The company had a trading volume of 5,502 shares, compared to its average volume of 4,900. Snc-Lavalin Group has a 1-year low of $13.25 and a 1-year high of $41.80. The firm’s 50 day moving average price is $18.48.
SNC-Lavalin Group Inc provides consulting, design, engineering, construction, and operation and maintenance services worldwide. It operates through Mining & Metallurgy; Oil & Gas; Nuclear; Clean Power; Infrastructure; Engineering, Design and Project Management; and Capital segments. The company offers solutions for projects in the aluminum, gold, copper, iron ore, nickel, fertilizer, sulphur, and other projects, as well as commodities related to rechargeable batteries for cars, mobile phones, and other electronic devices.
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