Stantec Inc. (TSE:STN) Receives C$166.50 Consensus Price Target from Analysts

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have earned an average recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$166.50.

Several equities analysts have recently weighed in on STN shares. TD Securities raised their price target on shares of Stantec from C$176.00 to C$183.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Royal Bank Of Canada increased their price objective on shares of Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. Stifel Nicolaus boosted their target price on Stantec from C$169.00 to C$173.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Desjardins upped their price target on Stantec from C$160.00 to C$173.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Finally, Scotiabank lifted their price objective on Stantec from C$161.00 to C$162.00 and gave the stock an “outperform” rating in a research report on Thursday, January 22nd.

Stantec Trading Down 2.1%

Shares of STN stock opened at C$120.75 on Friday. Stantec has a fifty-two week low of C$108.09 and a fifty-two week high of C$160.05. The company has a debt-to-equity ratio of 85.29, a quick ratio of 1.46 and a current ratio of 1.42. The stock’s fifty day moving average is C$132.41 and its two-hundred day moving average is C$142.38. The firm has a market capitalization of C$13.77 billion, a P/E ratio of 28.48, a PEG ratio of 1.46 and a beta of 0.79.

Insider Activity at Stantec

In related news, Director Gordon Allan Johnston purchased 4,000 shares of Stantec stock in a transaction dated Wednesday, December 24th. The shares were acquired at an average price of C$131.52 per share, for a total transaction of C$526,080.00. Following the acquisition, the director directly owned 53,793 shares in the company, valued at approximately C$7,074,855.36. The trade was a 8.03% increase in their ownership of the stock. 0.27% of the stock is currently owned by corporate insiders.

Stantec Company Profile

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.