Stantec (TSE:STN - Get Free Report) NYSE: STN had its price objective raised by research analysts at BMO Capital Markets from C$135.00 to C$138.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. BMO Capital Markets' price objective would suggest a potential upside of 12.71% from the company's current price.
Several other analysts have also weighed in on the company. Scotiabank upgraded Stantec to a "strong-buy" rating in a report on Friday, October 25th. Canaccord Genuity Group upped their price target on shares of Stantec from C$125.00 to C$135.00 in a report on Monday, November 11th. Raymond James lowered shares of Stantec from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from C$125.00 to C$120.00 in a research report on Thursday, August 8th. Finally, Stifel Nicolaus boosted their target price on shares of Stantec from C$130.00 to C$145.00 in a report on Friday, October 4th. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$128.10.
Get Our Latest Stock Report on STN
Stantec Price Performance
TSE:STN traded up C$0.33 during midday trading on Friday, hitting C$122.44. 156,743 shares of the stock were exchanged, compared to its average volume of 261,315. The company has a market capitalization of C$13.97 billion, a price-to-earnings ratio of 40.28, a P/E/G ratio of 1.46 and a beta of 0.82. The company has a current ratio of 1.39, a quick ratio of 1.46 and a debt-to-equity ratio of 80.74. Stantec has a one year low of C$99.81 and a one year high of C$123.92. The business has a 50-day moving average price of C$115.32 and a two-hundred day moving average price of C$113.63.
Insider Buying and Selling
In other Stantec news, Director Vito Culmone bought 4,000 shares of the stock in a transaction on Wednesday, November 27th. The shares were bought at an average price of C$121.49 per share, with a total value of C$485,960.00. Company insiders own 0.27% of the company's stock.
About Stantec
(
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Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.
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