Investors cheered another senior management overhaul at SNC-Lavalin Group Inc., even as analysts warned some of the executive departures point to continued turmoil at the embattled construction and engineering firm.
SNC-Lavalin Group Inc. (TSX: SNC) is a great company with a (formerly) bad reputation. It was surrounded by scandal - its previous management having been charged with fraud, bribery, and rigging of tenders.
Consider the acquisitions of Crescent Point Energy Corp (TSX: CPG)(NYSE: CPG) and SNC-Lavalin Group Inc (TSX: SNC) when deciding whether to purchase shares for your portfolio of dividend-paying stocks.
Analysts at TD Securities raised their price target on shares of SNC-Lavalin Group from C$43.00 to C$49.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Analysts at National Bank Financial raised their price target on ...