Stantec Given Consensus Recommendation of “Buy” by Analysts (TSE:STN)
Shares of Stantec (TSE:STN) have received an average rating of “Buy” from the thirteen ratings firms that are presently covering the stock, Stock Ratings News reports. Six research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$63.05.
Stantec (TSE:STN) opened at 67.12 on Tuesday. Stantec has a 52-week low of $38.67 and a 52-week high of $72.34. The stock’s 50-day moving average is $67.1 and its 200-day moving average is $60.51. The company has a market cap of $3.114 billion and a P/E ratio of 21.79.
A number of analysts have recently weighed in on STN shares. Analysts at RBC Capital cut their price target on shares of Stantec from C$79.00 to C$75.00 in a research note on Thursday, February 13th. They now have an “outperform” rating on the stock.
Stantec Inc (TSE:STN) provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors.
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