National Bank Financial Weighs in on Stantec Inc.’s FY2018 Earnings (STN)
Stantec Inc. (TSE:STN) (NYSE:STN) – Investment analysts at National Bank Financial issued their FY2018 earnings estimates for Stantec in a research note issued to investors on Sunday. National Bank Financial analyst M. Sytchev forecasts that the brokerage will earn $2.70 per share for the year. National Bank Financial has a “Outperform Overweight” rating on the stock.
Other research analysts have also recently issued reports about the company. DA Davidson decreased their price objective on Stantec from C$36.00 to C$32.00 and set a “neutral” rating on the stock in a report on Saturday, August 6th. Raymond James Financial Inc. cut their target price on Stantec from C$35.00 to C$33.50 and set an “outperform” rating on the stock in a research report on Saturday, August 6th. RBC Capital Markets cut their price objective on Stantec from C$34.00 to C$32.00 in a research report on Saturday, August 6th. Canaccord Genuity cut their price objective on Stantec from C$35.00 to C$33.00 and set a “hold” rating on the stock in a research report on Saturday, August 6th. Finally, CIBC boosted their target price on shares of Stantec from C$33.00 to C$36.00 in a research note on Friday, November 11th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of C$34.68.
Stantec (TSE:STN) traded up 0.32% during mid-day trading on Tuesday, hitting $34.24. The company’s stock had a trading volume of 38,249 shares. Stantec has a 52-week low of $27.99 and a 52-week high of $35.57. The stock has a market cap of $3.90 billion and a P/E ratio of 26.30. The company’s 50 day moving average is $30.95 and its 200-day moving average is $31.69.
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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