Stantec Inc. (STN) PT Raised to C$36.00 at CIBC
Stantec Inc. (TSE:STN) had its price objective raised by research analysts at CIBC from C$33.00 to C$36.00 in a note issued to investors on Friday. CIBC’s price objective would suggest a potential upside of 4.83% from the stock’s previous close.
A number of other brokerages have also recently commented on STN. Royal Bank Of Canada increased their price objective on shares of Stantec from C$32.00 to C$36.00 and gave the company a “sector perform” rating in a research note on Friday. National Bank Financial raised shares of Stantec from a “sector perform under weight” rating to an “outperform overweight” rating in a research note on Tuesday, August 16th. Canaccord Genuity lowered their price objective on shares of Stantec from C$33.00 to C$30.00 and set a “hold” rating on the stock in a research note on Friday, October 21st. RBC Capital Markets lowered their price objective on shares of Stantec from C$34.00 to C$32.00 in a research note on Saturday, August 6th. Finally, Desjardins set a C$34.00 price objective on shares of Stantec and gave the company a “hold” rating in a research note on Saturday, August 6th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of C$34.68.
Shares of Stantec (TSE:STN) opened at 34.34 on Friday. The firm has a market capitalization of $3.91 billion and a PE ratio of 26.37. The firm’s 50 day moving average is $30.71 and its 200-day moving average is $31.65. Stantec has a 12 month low of $27.99 and a 12 month high of $35.57.
Stantec Company Profile
Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s segment is Consulting Services. The Company’s services include planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects.
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