Stantec Inc. (TSE:STN) Receives Average Recommendation of “Moderate Buy” from Analysts

Stantec Inc. (TSE:STN) (NYSE:STN) has received an average rating of “Moderate Buy” from the ten ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$166.60.

Several research analysts have recently weighed in on STN shares. TD Securities increased their price objective on shares of Stantec from C$176.00 to C$183.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Stifel Nicolaus upped their price target on shares of Stantec from C$160.00 to C$175.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Desjardins increased their price target on shares of Stantec from C$160.00 to C$173.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Scotiabank lifted their price target on shares of Stantec from C$160.00 to C$161.00 in a report on Friday, October 17th. Finally, Royal Bank Of Canada upped their price objective on Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th.

Stantec Price Performance

Shares of TSE:STN opened at C$129.52 on Friday. The company has a market cap of C$14.77 billion, a P/E ratio of 30.55, a P/E/G ratio of 1.46 and a beta of 0.80. The business has a fifty day simple moving average of C$138.85 and a 200-day simple moving average of C$146.71. Stantec has a 52 week low of C$107.23 and a 52 week high of C$160.05. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 85.29.

Stantec (TSE:STN) (NYSE:STN) last released its earnings results on Thursday, November 13th. The company reported C$1.53 earnings per share for the quarter. Stantec had a return on equity of 12.08% and a net margin of 4.78%.The firm had revenue of C$2.14 billion for the quarter.

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.