Stantec (TSE:STN - Get Free Report) NYSE: STN had its price objective increased by analysts at National Bankshares from C$140.00 to C$143.00 in a report issued on Wednesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price objective would suggest a potential upside of 16.01% from the stock's previous close.
Other equities analysts have also issued reports about the company. CIBC increased their price objective on Stantec from C$121.50 to C$134.00 in a report on Friday, December 13th. TD Securities increased their price objective on Stantec from C$139.00 to C$145.00 and gave the company a "buy" rating in a report on Wednesday. Canaccord Genuity Group increased their price objective on Stantec from C$125.00 to C$135.00 in a report on Monday, November 11th. Royal Bank of Canada increased their price objective on Stantec from C$128.00 to C$138.00 and gave the company an "outperform" rating in a report on Wednesday. Finally, Raymond James increased their price objective on Stantec from C$120.00 to C$130.00 and gave the company a "market perform" rating in a report on Thursday, January 30th. One equities 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. According to data from MarketBeat, Stantec has a consensus rating of "Buy" and an average target price of C$140.33.
View Our Latest Analysis on Stantec
Stantec Stock Performance
Shares of STN traded up C$1.08 on Wednesday, reaching C$123.26. 597,665 shares of the company's stock traded hands, compared to its average volume of 259,937. The stock's 50 day simple moving average is C$112.66 and its two-hundred day simple moving average is C$113.38. Stantec has a 52-week low of C$103.48 and a 52-week high of C$129.39. The stock has a market cap of C$14.05 billion, a PE ratio of 41.13, a PEG ratio of 1.46 and a beta of 0.82. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 85.29.
Insider Activity at Stantec
In other Stantec news, Director Vito Culmone acquired 3,000 shares of the company's stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average price of C$112.03 per share, with a total value of C$336,099.00. 0.27% of the stock is owned by corporate insiders.
About Stantec
(
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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.
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