Stantec Inc. (STN) PT Raised to C$37.00 at Scotiabank
Stantec Inc. (TSE:STN) had its price target increased by analysts at Scotiabank from C$34.00 to C$37.00 in a research report issued on Friday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 7.75% from the stock’s previous close.
Several other brokerages also recently commented on STN. Desjardins set a C$34.00 target price on Stantec and gave the stock a “hold” rating in a report on Saturday, August 6th. Raymond James Financial Inc. dropped their price objective on Stantec from C$35.00 to C$33.50 and set an “outperform” rating on the stock in a research note on Saturday, August 6th. CIBC boosted their price objective on Stantec from C$33.00 to C$36.00 in a research note on Friday. National Bank Financial raised Stantec from a “sector perform under weight” rating to an “outperform overweight” rating in a research note on Tuesday, August 16th. Finally, TD Securities dropped their price objective on 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. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of C$34.68.
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 company’s 50-day moving average price is $30.71 and its 200 day moving average price is $31.65. The firm has a market capitalization of $3.91 billion and a PE ratio of 26.37.
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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