Snc-Lavalin Group Inc (TSE:SNC) Director Jacques Bougie acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average price of C$52.75 per share, for a total transaction of C$105,500.00.
Snc-Lavalin Group Inc (SNC) opened at 51.52 on Tuesday. The company has a market capitalization of $9.04 billion and a PE ratio of 28.59. Snc-Lavalin Group Inc has a 12 month low of $50.27 and a 12 month high of $59.63. The firm’s 50-day moving average is $55.09 and its 200-day moving average is $54.24.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 31st will be paid a $0.273 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Tuesday, August 15th.
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Several research firms recently weighed in on SNC. AltaCorp Capital restated a “sector perform” rating on shares of Snc-Lavalin Group in a research report on Tuesday, August 8th. BMO Capital Markets restated an “outperform” rating and issued a C$67.00 price objective on shares of Snc-Lavalin Group in a research report on Friday, August 4th. Raymond James Financial, Inc. upped their price objective on shares of Snc-Lavalin Group from C$66.00 to C$68.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 8th. National Bank Financial decreased their price objective on shares of Snc-Lavalin Group from C$70.00 to C$69.00 and set an “outperform” rating on the stock in a research report on Friday, August 4th. Finally, CIBC set a C$67.00 price objective on shares of Snc-Lavalin Group and gave the stock an “outperform” rating in a research report on Monday, July 10th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of C$68.44.
About Snc-Lavalin Group
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