Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have received a consensus recommendation of “Hold” from the nine research firms that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$35.75.

A number of research analysts recently weighed in on STN shares. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$39.00 price target on shares of Stantec in a research note on Tuesday, March 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$36.00 price target on shares of Stantec in a research note on Wednesday, March 22nd. Scotiabank reaffirmed an “outperform” rating and issued a C$40.00 price target on shares of Stantec in a research note on Wednesday, March 22nd. TD Securities reaffirmed a “hold” rating and issued a C$38.00 price target on shares of Stantec in a research note on Wednesday, March 22nd. Finally, Desjardins raised shares of Stantec from a “hold” rating to a “buy” rating and set a C$39.00 price target on the stock in a research note on Friday, May 12th.

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In other news, Director Carl Frank Clayton sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 4th. The shares were sold at an average price of C$32.56, for a total transaction of C$113,960.00. Also, Director Valentino Dimanno purchased 2,500 shares of the business’s stock in a transaction dated Wednesday, May 17th. The shares were purchased at an average price of C$31.55 per share, with a total value of C$78,875.00. Over the last three months, insiders acquired 4,393 shares of company stock worth $139,371 and sold 16,916 shares worth $533,825.

Shares of Stantec (TSE STN) opened at 31.80 on Tuesday. The stock has a 50 day moving average price of $31.73 and a 200 day moving average price of $33.97. Stantec has a one year low of $28.74 and a one year high of $36.85. The company has a market capitalization of $3.63 billion and a PE ratio of 85.03.

About Stantec

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

Analyst Recommendations for Stantec (TSE:STN)

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