SNC – Lavalin (SNC) Gets a Hold Rating from Raymond James

SNC – Lavalin (SNCResearch Report), the Materials sector company, has received a rating update from a Wall Street analyst today. Raymond James’ analyst Frederic Bastien reiterates their Hold rating on the shares, with a C$35 price target.

According to TipRanks.com, Bastien is ranked #2688 out of 5196 analysts.

Read also: Texas Mineral Resources (TMRC): This Rare Earth Metal Play Could See Substantial Upside

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SNC – Lavalin with a C$41 average price target.

The company has a one-year high of C$61.54 and a one-year low of C$23.44. Currently, SNC – Lavalin has an average volume of 756.8K.

SNC-Lavalin Group, Inc. engages in the provision of engineering and construction services. It offers engineering, procurement, construction, project management, project financing services to industry sectors. The company operates through the following segments: Mining and Metallurgy, Oil and Gas, Power, Infrastructure, Atkins, and Capital.

The company’s shares closed on Wednesday at C$25.59, close to its 52-week low of C$23.44.