Stantec Inc. (TSE:STN) has been given an average recommendation of “Hold” by the eleven ratings firms that are covering the stock. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$33.61.
Several equities research analysts recently issued reports on the stock. Canaccord Genuity cut their price objective on shares of Stantec from C$35.00 to C$33.00 and set a “hold” rating for the company in a research report on Saturday, August 6th. CIBC dropped their price target on shares of Stantec from C$34.00 to C$33.00 in a research report on Saturday, August 6th. Desjardins cut shares of Stantec from a “buy” rating to a “hold” rating in a research report on Friday, June 3rd. TD Securities lifted their price target on shares of Stantec from C$35.00 to C$37.00 and gave the company a “hold” rating in a research report on Friday, June 3rd. Finally, DA Davidson dropped their price target on shares of Stantec from C$36.00 to C$32.00 and set a “neutral” rating for the company in a research report on Saturday, August 6th.
Shares of Stantec (TSE:STN) opened at 30.73 on Friday. The stock has a market cap of $3.50 billion and a PE ratio of 23.60. The company’s 50-day moving average is $30.51 and its 200-day moving average is $31.98. Stantec has a 52-week low of $27.99 and a 52-week high of $35.57.
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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