Stantec (TSE:STN) PT Raised to C$127.00 at BMO Capital Markets

Stantec (TSE:STN) (NYSE:STN) had its price target boosted by investment analysts at BMO Capital Markets from C$126.00 to C$127.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 14.04% from the stock’s current price.

STN has been the topic of a number of other research reports. CIBC upped their price target on Stantec from C$116.00 to C$120.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. Atb Cap Markets cut Stantec from an “outperform” rating to a “sector perform” rating in a research report on Thursday, February 29th. Stifel Nicolaus upped their price target on Stantec from C$120.00 to C$130.00 and gave the company a “buy” rating in a research report on Friday, March 1st. Scotiabank upped their price target on Stantec from C$116.00 to C$119.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. Finally, TD Securities increased their price objective on Stantec from C$125.00 to C$130.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$120.23.

Stantec Stock Up 0.4 %

Shares of TSE:STN opened at C$111.36 on Wednesday. The company has a market capitalization of C$12.70 billion, a PE ratio of 37.37, a price-to-earnings-growth ratio of 1.46 and a beta of 0.87. The company has a debt-to-equity ratio of 62.82, a current ratio of 1.41 and a quick ratio of 1.46. The business has a fifty day moving average price of C$112.44 and a two-hundred day moving average price of C$104.14. Stantec has a 1 year low of C$77.00 and a 1 year high of C$118.39.

Stantec (TSE:STN) (NYSE:STN) last issued its quarterly earnings results on Wednesday, February 28th. The company reported C$0.82 EPS for the quarter, missing analysts’ consensus estimates of C$0.86 by C($0.04). Stantec had a net margin of 6.54% and a return on equity of 13.14%. The firm had revenue of C$1.24 billion for the quarter, compared to analysts’ expectations of C$1.22 billion. Analysts forecast that Stantec will post 4.2454998 earnings per share for the current year.

Insider Buying and Selling at Stantec

In other news, Director Steve Marvin Fleck sold 2,000 shares of the stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of C$116.02, for a total transaction of C$232,040.00. Insiders own 0.27% of the company’s stock.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.