Stantec Inc. (TSE:STN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have received an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$164.00.

A number of equities research analysts recently commented on the company. TD Securities dropped their target price on Stantec from C$183.00 to C$158.00 in a research report on Tuesday. Stifel Nicolaus lifted their price objective on shares of Stantec from C$169.00 to C$173.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Desjardins increased their price objective on shares of Stantec from C$160.00 to C$173.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Royal Bank Of Canada raised their target price on shares of Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. Finally, Scotiabank upped their price target on shares of Stantec from C$161.00 to C$162.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd.

Insider Activity at Stantec

In related news, Director Gordon Allan Johnston bought 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 24th. The shares were purchased at an average cost of C$131.52 per share, with a total value of C$526,080.00. Following the completion of the acquisition, the director directly owned 53,793 shares in the company, valued at approximately C$7,074,855.36. The trade was a 8.03% increase in their ownership of the stock. 0.27% of the stock is owned by insiders.

Stantec Stock Performance

Shares of STN stock opened at C$123.49 on Friday. The firm has a market capitalization of C$14.09 billion, a price-to-earnings ratio of 29.13, a price-to-earnings-growth ratio of 1.46 and a beta of 0.79. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46. The business has a fifty day moving average of C$132.14 and a 200 day moving average of C$142.04. Stantec has a 1 year low of C$109.74 and a 1 year high of C$160.05.

Stantec Company Profile

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.