Stantec Inc. (TSE:STN) had its price objective hoisted by equities researchers at DA Davidson from C$32.00 to C$36.00 in a report released on Friday. The brokerage presently has a “neutral” rating on the stock. DA Davidson’s target price points to a potential upside of 4.83% from the company’s previous close.

A number of other analysts also recently issued reports on STN. Raymond James Financial Inc. dropped their target price on shares of Stantec from C$35.00 to C$33.50 and set an “outperform” rating for the company in a research report on Saturday, August 6th. Canaccord Genuity dropped their target price on shares of Stantec from C$33.00 to C$30.00 and set a “hold” rating for the company in a research report on Friday, October 21st. RBC Capital Markets dropped their target price on shares of Stantec from C$34.00 to C$32.00 in a research report on Saturday, August 6th. Desjardins set a C$34.00 target price on shares of Stantec and gave the stock a “hold” rating in a research report on Saturday, August 6th. Finally, TD Securities dropped their target price on shares of Stantec from C$37.00 to C$35.00 and set a “hold” rating for the company in a research report on Friday, August 5th. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of C$34.68.

Analyst Recommendations for Stantec (TSE:STN)

Stantec (TSE:STN) opened at 34.34 on Friday. Stantec has a 12-month low of $27.99 and a 12-month high of $35.57. The stock has a market capitalization of $3.91 billion and a P/E ratio of 26.37. The firm’s 50-day moving average is $30.71 and its 200 day moving average is $31.65.

About Stantec

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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