Scotiabank Cuts Stantec (TSE:STN) Price Target to C$146.00

Stantec (TSE:STN) (NYSE:STN) had its price objective reduced by Scotiabank from C$162.00 to C$146.00 in a research note published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also recently issued research reports about the stock. Desjardins upped their price target on shares of Stantec from C$160.00 to C$173.00 and gave the company a “buy” rating in a report on Friday, December 12th. Stifel Nicolaus raised their price objective on shares of Stantec from C$169.00 to C$173.00 and gave the stock a “buy” rating in a report on Friday, February 6th. National Bank Financial cut their price objective on shares of Stantec from C$167.00 to C$161.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Royal Bank Of Canada upped their target price on shares of Stantec from C$168.00 to C$175.00 in a research note on Friday. Finally, TD Securities lowered their target price on Stantec from C$183.00 to C$158.00 in a report on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Stantec currently has a consensus rating of “Moderate Buy” and a consensus target price of C$161.90.

Stantec Price Performance

Shares of STN opened at C$126.30 on Friday. The stock has a 50 day simple moving average of C$132.10 and a 200 day simple moving average of C$141.68. Stantec has a 52-week low of C$109.74 and a 52-week high of C$160.05. The company has a debt-to-equity ratio of 85.29, a quick ratio of 1.46 and a current ratio of 1.42. The firm has a market capitalization of C$14.41 billion, a PE ratio of 29.79, a P/E/G ratio of 1.46 and a beta of 0.79.

Insider Activity at Stantec

In related news, Director Gordon Allan Johnston acquired 4,000 shares of the firm’s stock in a transaction dated Wednesday, December 24th. The stock was bought at an average price of C$131.52 per share, for a total transaction of C$526,080.00. Following the acquisition, the director directly owned 53,793 shares of the company’s stock, valued at approximately C$7,074,855.36. The trade was a 8.03% increase in their ownership of the stock. 0.27% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Stantec

Here are the key news stories impacting Stantec this week:

• Positive Sentiment: Royal Bank of Canada raised its price target to C$175, implying ~39% upside — a bullish analyst signal. RBC raise
• Positive Sentiment: Desjardins raised its target to C$178 and keeps a “buy” rating, the highest target in the group (~42% upside). Desjardins raise (BayStreet) TickerReport
• Positive Sentiment: National Bank Financial nudged its target higher to C$163 and maintains an “outperform” view, another supportive analyst call. National Bank raise
• Positive Sentiment: Stantec reported record 2025 results, delivered a 17.6% adjusted EBITDA margin, raised the dividend by 8.9%, and provided a 2026 outlook — fundamentals that support longer‑term upside. Company results
• Neutral Sentiment: Aggregate analyst coverage remains mixed but skewed to materially higher targets (roughly C$146–C$178), so market views vary — this contributes to volatility as investors sort through divergent forecasts. Analyst roundup
• Negative Sentiment: Scotiabank cut its target from C$162 to C$146 (still “outperform”), trimming near-term expectations and likely contributing to selling pressure. Scotiabank cut
• Negative Sentiment: Stifel lowered its target from C$172 to C$154 but kept a “buy” rating — another downward revision that reduces immediate upside assumptions. Stifel cut
• Negative Sentiment: TD Securities publicly lowered expectations for STN, reinforcing the cautious narrative among some sell-side firms and pressuring sentiment. TD Securities note
• Negative Sentiment: Technicals and liquidity: volume is elevated versus average and the share price sits below its 50‑ and 200‑day SMAs, increasing the likelihood of short‑term downside before fundamentals reassert themselves.

About Stantec

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.