Stantec Inc. (TSE:STN) Receives C$150.54 Consensus Price Target from Analysts

Stantec Inc. (TSE:STN) (NYSE:STN) has received a consensus recommendation of “Buy” from the thirteen research firms that are covering the firm, Marketbeat.com reports. Thirteen investment analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$150.54.

STN has been the subject of a number of research reports. Canadian Imperial Bank of Commerce decreased their price objective on Stantec from C$173.00 to C$160.00 in a report on Tuesday, May 19th. Desjardins decreased their price objective on Stantec from C$178.00 to C$171.00 and set a “buy” rating for the company in a report on Friday, May 15th. Scotiabank decreased their price objective on Stantec from C$162.00 to C$146.00 and set an “outperform” rating for the company in a report on Friday, February 27th. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating and decreased their price objective for the stock from C$157.00 to C$130.00 in a report on Friday, May 15th. Finally, Royal Bank Of Canada decreased their price objective on Stantec from C$175.00 to C$155.00 in a report on Friday, May 15th.

Stantec Stock Performance

Shares of Stantec stock opened at C$102.11 on Monday. The company has a debt-to-equity ratio of 76.67, a current ratio of 1.35 and a quick ratio of 1.46. The firm has a market cap of C$11.65 billion, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 1.46 and a beta of 0.76. The stock’s 50-day moving average is C$116.38 and its 200-day moving average is C$125.76. Stantec has a one year low of C$99.67 and a one year high of C$160.05.

Stantec (TSE:STN) (NYSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$1.33 earnings per share (EPS) for the quarter. The business had revenue of C$2.07 billion during the quarter. Stantec had a return on equity of 15.21% and a net margin of 6.19%.

About Stantec

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.