Benita Marie Warmbold Purchases 3,000 Shares of SNC-Lavalin Group Inc. (TSE:SNC) Stock

SNC-Lavalin Group Inc. (TSE:SNC) Director Benita Marie Warmbold acquired 3,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was acquired at an average cost of C$56.79 per share, for a total transaction of C$170,370.00.

Shares of SNC-Lavalin Group Inc. (TSE SNC) opened at C$56.02 on Monday. SNC-Lavalin Group Inc. has a one year low of C$50.28 and a one year high of C$59.63.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 30th were paid a dividend of $0.273 per share. The ex-dividend date was Wednesday, November 15th. This represents a $1.09 annualized dividend and a yield of 1.95%. SNC-Lavalin Group’s payout ratio is 51.38%.

Several research firms have 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. Scotiabank restated an “outperform” rating and issued a C$70.00 target price on shares of SNC-Lavalin Group in a research report on Tuesday, October 31st. Royal Bank Of Canada lifted their price objective on SNC-Lavalin Group from C$67.00 to C$69.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. Raymond James Financial lifted their price objective on 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. Finally, Desjardins lifted their price objective on SNC-Lavalin Group from C$69.00 to C$72.00 in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$70.33.

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