Stantec Inc. (TSE:STN) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Stantec has an average analyst recommendation of "Moderate Buy" from 10 firms (nine buy, one hold) with an average 12-month price target of C$159.90.
• Shares opened at C$119.65, trading well below the consensus target and its one-year high of C$160.05; the company has a market cap of C$13.65 billion and a PE ratio of 28.49.
• Stantec reported C$0.82 EPS on C$2.12 billion revenue for the quarter, while analysts’ targets diverged—RBC and Desjardins raised their targets (to C$175 and C$178) as Scotiabank, National Bank and TD trimmed theirs—reflecting mixed near-term views despite the buy consensus.

Shares of Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN have earned an average recommendation of "Moderate Buy" from the ten research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$159.90.

A number of research analysts have weighed in on STN shares. Royal Bank Of Canada increased their price target on Stantec from C$168.00 to C$175.00 in a research note on Friday, February 27th. Scotiabank reduced their price target on Stantec from C$162.00 to C$146.00 and set an "outperform" rating on the stock in a research note on Friday, February 27th. Desjardins increased their price target on Stantec from C$173.00 to C$178.00 and gave the stock a "buy" rating in a research note on Friday, February 27th. National Bank Financial reduced their price target on Stantec from C$163.00 to C$143.00 and set an "outperform" rating on the stock in a research note on Wednesday. Finally, TD Securities cut their target price on Stantec from C$183.00 to C$158.00 in a research report on Tuesday, February 24th.

Stantec Price Performance

Shares of TSE:STN opened at C$119.65 on Friday. The business's fifty day moving average price is C$124.45 and its two-hundred day moving average price is C$135.82. The stock has a market cap of C$13.65 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73. The company has a debt-to-equity ratio of 96.66, a quick ratio of 1.46 and a current ratio of 1.23. Stantec has a one year low of C$114.84 and a one year high of C$160.05.

Stantec (TSE:STN - Get Free Report) NYSE: STN last announced its earnings results on Wednesday, February 25th. The company reported C$0.82 EPS for the quarter. The firm had revenue of C$2.12 billion for the quarter. Stantec had a return on equity of 15.28% and a net margin of 6.47%.

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.

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