Stantec Inc. (TSE:STN) had its target price hoisted by analysts at Royal Bank Of Canada from C$32.00 to C$36.00 in a note issued to investors on Friday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 4.83% from the stock’s previous close.

Other analysts have also issued reports about the stock. CIBC reduced their price objective on shares of Stantec from C$34.00 to C$33.00 in a research report on Saturday, August 6th. RBC Capital Markets dropped their target price on shares of Stantec from C$34.00 to C$32.00 in a research note on Saturday, August 6th. TD Securities dropped their target price on shares of Stantec from C$37.00 to C$35.00 and set a “hold” rating on the stock in a research note on Friday, August 5th. Desjardins set a C$34.00 target price on shares of Stantec and gave the stock a “hold” rating in a research note on Saturday, August 6th. Finally, Canaccord Genuity dropped their target price 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. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus 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’s 50 day moving average is $30.71 and its 200 day moving average is $31.65. The stock has a market capitalization of $3.91 billion and a price-to-earnings ratio of 26.37.

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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