Stantec (TSE:STN) (NYSE:STN) had its price target trimmed by Royal Bank of Canada from C$40.00 to C$36.00 in a research report sent to investors on Friday morning. The brokerage currently has a sector perform rating on the stock.
Several other equities analysts have also commented on the company. Raymond James Financial upped their target price on Stantec from C$38.00 to C$41.00 and gave the company an outperform rating in a report on Friday, November 10th. National Bank Financial decreased their price objective on Stantec from C$42.00 to C$39.00 and set an outperform rating for the company in a report on Friday, December 1st. Scotiabank reissued an outperform rating and issued a C$40.00 price objective on shares of Stantec in a report on Friday, November 10th. CIBC increased their price objective on Stantec from C$38.00 to C$39.00 and gave the stock a neutral rating in a report on Tuesday, January 16th. Finally, Canaccord Genuity increased their price objective on Stantec from C$34.00 to C$36.00 in a report on Tuesday, October 31st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Stantec has a consensus rating of Hold and an average target price of C$36.28.
Stantec (TSE STN) opened at C$32.01 on Friday. The company has a market capitalization of $3,650.00, a P/E ratio of 37.66 and a beta of 1.20. Stantec has a fifty-two week low of C$30.24 and a fifty-two week high of C$37.13.
In related news, Director Russell Edward Wlad sold 10,000 shares of the stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of C$35.57, for a total value of C$355,700.00.
COPYRIGHT VIOLATION NOTICE: “Stantec (STN) Price Target Cut to C$36.00” was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3222275/stantec-stn-price-target-cut-to-c36-00.html.
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 operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.
Receive News & Ratings for Stantec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stantec and related companies with MarketBeat.com's FREE daily email newsletter.