Stantec Inc. (TSE:STN) Given Consensus Recommendation of "Buy" by Analysts

Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN has received an average rating of "Buy" from the twelve ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$140.33.

A number of research firms have weighed in on STN. ATB Capital upped their target price on Stantec from C$125.00 to C$135.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 26th. Desjardins increased their price objective on Stantec from C$138.00 to C$148.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. Canaccord Genuity Group boosted their target price on shares of Stantec from C$125.00 to C$135.00 in a report on Monday, November 11th. Scotiabank increased their price target on shares of Stantec from C$129.00 to C$141.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 26th. Finally, Royal Bank of Canada boosted their price objective on shares of Stantec from C$128.00 to C$138.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 26th.

Insider Buying and Selling at Stantec

In other Stantec news, Director Vito Culmone bought 3,000 shares of the firm's stock in a transaction on Monday, December 30th. The stock was acquired at an average price of C$112.03 per share, with a total value of C$336,099.00. Company insiders own 0.27% of the company's stock.

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Stantec Trading Down 0.2 %

TSE:STN traded down C$0.20 during trading hours on Friday, hitting C$118.80. The company had a trading volume of 296,241 shares, compared to its average volume of 263,323. 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 stock has a 50-day moving average price of C$113.16 and a 200 day moving average price of C$113.56. The company has a market capitalization of C$13.54 billion, a PE ratio of 39.64, a price-to-earnings-growth ratio of 1.46 and a beta of 0.82. Stantec has a 52 week low of C$103.48 and a 52 week high of C$129.39.

Stantec Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were given a $0.21 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.84 annualized dividend and a yield of 0.71%. Stantec's dividend payout ratio (DPR) is presently 28.03%.

About Stantec

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.