Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Shawcor Ltd. (TSE:SCL - Get Rating) has received a consensus rating of "Buy" from the seven analysts that are presently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$8.92.

SCL has been the topic of several research reports. BMO Capital Markets increased their target price on Shawcor from C$7.00 to C$8.00 in a research note on Friday, August 12th. Atb Cap Markets raised Shawcor from a "sector perform" rating to an "outperform" rating in a research note on Sunday, May 15th. TD Securities increased their target price on Shawcor from C$7.50 to C$10.00 and gave the stock a "buy" rating in a research note on Monday. Royal Bank of Canada increased their target price on Shawcor from C$7.00 to C$8.00 and gave the stock an "outperform" rating in a research note on Monday, May 16th. Finally, ATB Capital increased their target price on Shawcor to C$10.50 and gave the stock an "outperform" rating in a research note on Monday.Shawcor Stock Performance

TSE SCL opened at C$6.10 on Friday. The stock has a market cap of C$430.06 million and a PE ratio of -6.08. The company has a current ratio of 1.76, a quick ratio of 1.20 and a debt-to-equity ratio of 52.93. Shawcor has a twelve month low of C$4.24 and a twelve month high of C$6.87. The stock has a fifty day simple moving average of C$5.63 and a 200-day simple moving average of C$5.57.

Shawcor (TSE:SCL - Get Rating) last released its quarterly earnings results on Thursday, August 11th. The company reported C$0.07 earnings per share for the quarter, topping analysts' consensus estimates of C$0.03 by C$0.04. The business had revenue of C$307.02 million for the quarter, compared to analysts' expectations of C$279.37 million. Equities analysts anticipate that Shawcor will post 0.6421549 earnings per share for the current year. Shawcor Company Profile (Get Rating)

Shawcor Ltd. operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Systems, Automotive and Industrial, and Pipeline and Pipe Services. The Composite Systems segment manufactures flexible composite and high density polyethylene pipes that are used for oil and gas gathering, water disposal, carbon dioxide injection pipelines, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets; and tubular management services to the Western Canadian onshore oilfield market, including inventory management systems, mobile inspection, in-plant inspection and the refurbishment and rethreading of drill pipe, production tubing and casing, and tubular products.Read MoreIs Sanofi A Buy, Despite Recent Stumbles? If You Hate Speed Cameras, Then You’ll Like Verra Mobility Stock Institutional Support For TJX Companies May Cap GainsStarbucks Stock, Is Brand Loyalty Enough Reason to BuyBJ’s Wholesale Club Pops, Will Costco Be Next?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Shawcor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shawcor wasn't on the list.

While Shawcor currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

David McNatt discusses ESG investing and offers ways to avoid pitfalls and to understand exactly what kinds of companies you are buying.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.