National Bankshares Issues Positive Forecast for Stantec (TSE:STN) Stock Price

Stantec (TSE:STN - Get Free Report) NYSE: STN had its price target hoisted by stock analysts at National Bankshares from C$143.00 to C$144.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. National Bankshares' price objective indicates a potential upside of 20.62% from the company's previous close.

Several other research firms have also recently weighed in on STN. Desjardins increased their target price on shares of Stantec from C$138.00 to C$148.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Canaccord Genuity Group lifted their price objective on Stantec from C$135.00 to C$138.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. Stifel Nicolaus raised their target price on Stantec from C$135.00 to C$144.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. ATB Capital lifted their target price on shares of Stantec from C$125.00 to C$135.00 and gave the company a "sector perform" rating in a research report on Wednesday, February 26th. Finally, Raymond James raised shares of Stantec from a "market perform" rating to an "outperform" rating and increased their price target for the stock from C$130.00 to C$140.00 in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Stantec currently has a consensus rating of "Buy" and a consensus price target of C$140.42.

Stantec Stock Performance

STN stock traded up C$0.77 on Wednesday, reaching C$119.38. 230,419 shares of the company were exchanged, compared to its average volume of 272,376. The firm has a market capitalization of C$13.61 billion, a PE ratio of 39.84, a PEG ratio of 1.46 and a beta of 0.82. Stantec has a 12 month low of C$103.48 and a 12 month high of C$129.39. The stock's fifty day moving average price is C$116.34 and its 200 day moving average price is C$115.11. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46.

Stantec Company Profile

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.