Analysts Set Stantec Inc. (TSE:STN) PT at C$159.00

Stantec Inc. (TSE:STN) (NYSE:STN) has earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$159.00.

STN has been the topic of a number of research analyst reports. TD Securities dropped their target price on shares of Stantec from C$183.00 to C$158.00 in a research note on Tuesday, February 24th. Stifel Nicolaus dropped their target price on shares of Stantec from C$160.00 to C$140.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Desjardins boosted their target price on shares of Stantec from C$173.00 to C$178.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Raymond James Financial dropped their target price on shares of Stantec from C$180.00 to C$165.00 in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada boosted their target price on shares of Stantec from C$168.00 to C$175.00 in a research note on Friday, February 27th.

Stantec Trading Down 1.8%

Shares of STN stock opened at C$117.38 on Thursday. Stantec has a 52-week low of C$114.84 and a 52-week high of C$160.05. The company has a debt-to-equity ratio of 96.66, a quick ratio of 1.46 and a current ratio of 1.23. The company has a 50-day simple moving average of C$122.59 and a two-hundred day simple moving average of C$131.61. The company has a market capitalization of C$13.39 billion, a price-to-earnings ratio of 27.95, a PEG ratio of 1.46 and a beta of 0.76.

Stantec (TSE:STN) (NYSE:STN) last issued its quarterly earnings data on Wednesday, February 25th. The company reported C$0.82 earnings per share (EPS) for the quarter. The business had revenue of C$2.12 billion during the quarter. Stantec had a net margin of 6.47% and a return on equity of 15.28%.

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.