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Stantec (NYSE:STN) was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Friday.

Stantec (NYSE:STN) opened at 64.22 on Friday. Stantec has a one year low of $45.36 and a one year high of $68.05. The stock’s 50-day moving average is $62.81 and its 200-day moving average is $60.98. The company has a market cap of $2.999 billion and a price-to-earnings ratio of 21.75.

Stantec (NYSE:STN) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.83 by $0.03. On average, analysts predict that Stantec will post $3.98 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Stantec from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 30th. They now have a $70.80 price target on the stock. Analysts at CIBC upgraded shares of Stantec to a “sector outperform” rating in a research note on Friday, May 16th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $70.80.

Stantec Inc (NYSE:STN) provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors.

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