Stantec Inc. (STN) Receives “Sector Perform” Rating from Scotiabank
Scotiabank reiterated their sector perform rating on shares of Stantec Inc. (TSE:STN) (NYSE:STN) in a research report sent to investors on Monday morning. They currently have a C$37.00 target price on the stock.
A number of other research firms have also weighed in on STN. Desjardins set a C$34.00 price objective on shares of Stantec and gave the company a hold rating in a research report on Saturday, August 6th. Raymond James Financial Inc. lowered their price objective on shares of Stantec from C$35.00 to C$33.50 and set an outperform rating on the stock in a research report on Saturday, August 6th. CIBC lifted their price objective on shares of Stantec from C$33.00 to C$36.00 in a research report on Friday, November 11th. National Bank Financial upgraded shares of Stantec from a sector perform under weight rating to an outperform overweight rating in a research report on Tuesday, August 16th. Finally, TD Securities lowered their price objective on shares of Stantec from C$37.00 to C$35.00 and set a hold rating on the stock in a research report on Friday, August 5th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and an average price target of C$34.68.
Stantec (TSE:STN) opened at 35.23 on Monday. The firm has a market capitalization of $4.01 billion and a PE ratio of 28.76. Stantec has a 1-year low of $27.99 and a 1-year high of $36.57. The company has a 50 day moving average of $31.97 and a 200 day moving average of $31.86.
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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 segment is Consulting Services. The Company’s services include planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects.
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