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

Shawcor (TSE:SCL - Get Rating) had its price objective increased by equities researchers at National Bankshares from C$8.50 to C$12.00 in a research report issued on Friday, BayStreet.CA reports. National Bankshares' price objective indicates a potential upside of 60.64% from the company's previous close.

Other equities analysts also recently issued reports about the company. Atb Cap Markets upgraded Shawcor from a "sector perform" rating to an "outperform" rating in a report on Sunday, May 15th. TD Securities raised their target price on Shawcor from C$7.50 to C$10.00 and gave the stock a "buy" rating in a research report on Monday. Royal Bank of Canada raised their target price on Shawcor from C$7.00 to C$8.00 and gave the stock an "outperform" rating in a research report on Monday, May 16th. ATB Capital raised their target price on Shawcor to C$10.50 and gave the stock an "outperform" rating in a research report on Monday. Finally, BMO Capital Markets lifted their price objective on Shawcor from C$7.00 to C$8.00 in a research report on Friday, August 12th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$10.17.Shawcor Price Performance

TSE SCL traded up C$1.31 on Friday, reaching C$7.47. 1,965,841 shares of the company's stock traded hands, compared to its average volume of 252,905. Shawcor has a 12 month low of C$4.24 and a 12 month high of C$7.52. The company has a debt-to-equity ratio of 52.93, a current ratio of 1.76 and a quick ratio of 1.20. The stock has a 50-day simple moving average of C$5.63 and a 200 day simple moving average of C$5.57. The stock has a market cap of C$526.65 million and a PE ratio of -7.26.

Shawcor (TSE:SCL - Get Rating) last announced its quarterly earnings results on Thursday, August 11th. The company reported C$0.07 EPS for the quarter, topping analysts' consensus estimates of C$0.03 by C$0.04. The business had revenue of C$307.02 million during the quarter, compared to analysts' expectations of C$279.37 million. As a group, research analysts predict that Shawcor will post 0.6421549 earnings per share for the current year. About Shawcor (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.Further ReadingApple’s Stock Could Be On The Verge Of Another 30% RallyNear-Term Headwinds Present An Opportunity In Ross StoresInstitutional Support For TJX Companies May Cap GainsIf You Hate Speed Cameras, Then You’ll Like Verra Mobility Stock Is Sanofi A Buy, Despite Recent Stumbles?

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.