Stantec (TSE:STN - Get Free Report) NYSE: STN had its target price upped by analysts at CIBC from C$141.00 to C$156.00 in a report released on Thursday,BayStreet.CA reports. CIBC's target price points to a potential upside of 9.09% from the company's current price.
Several other analysts have also weighed in on the company. TD Securities boosted their price objective on Stantec from C$145.00 to C$165.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. National Bankshares upped their target price on Stantec from C$144.00 to C$147.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. Raymond James raised Stantec from a "market perform" rating to an "outperform" rating and upped their target price for the company from C$130.00 to C$140.00 in a report on Wednesday, February 26th. Royal Bank of Canada upped their target price on Stantec from C$138.00 to C$150.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. Finally, Stifel Nicolaus upped their target price on Stantec from C$143.00 to C$156.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$148.42.
Check Out Our Latest Research Report on STN
Stantec Stock Up 1.1%
Stantec stock traded up C$1.54 during midday trading on Thursday, hitting C$143.00. The stock had a trading volume of 82,114 shares, compared to its average volume of 273,079. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 85.29. The stock has a market cap of C$16.30 billion, a P/E ratio of 47.72, a P/E/G ratio of 1.46 and a beta of 0.82. Stantec has a 12 month low of C$103.48 and a 12 month high of C$143.95. The business has a fifty day moving average price of C$124.38 and a 200 day moving average price of C$118.49.
Insider Transactions at Stantec
In other Stantec news, Director Clayton Bock acquired 1,250 shares of Stantec stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average cost of C$139.51 per share, for a total transaction of C$174,392.88. Insiders own 0.27% of the company's stock.
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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