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Pedestrians walk past the offices of SNC-Lavalin.
Pedestrians walk past the offices of SNC-Lavalin.
(RYAN REMIORZ/THE CANADIAN PRESS)

Now is the time to buy SNC-Lavalin, say analysts

Inside the Market’s roundup of some of today’s key analyst actions. This post will be updated with more analyst commentary during the trading day.

Both Raymond James and Canaccord Genuity today are advising patient investors to buy shares of SNC-Lavalin Group Inc.

SNC this week was awarded an engineering, procurement and construction contract for a new compression plant near Bogota in Colombia. It follows a contract it secured from MEG Energy earlier this month to perform detailed work for an oil processing plant in Alberta.