Stantec Inc. (TSE:STN) (NYSE:STN) had its target price increased by research analysts at Desjardins from C$39.00 to C$43.00 in a report released on Monday. Desjardins’ price target would indicate a potential upside of 19.64% from the stock’s current price.
STN has been the topic of a number of other reports. Royal Bank Of Canada restated a “sector perform” rating and issued a C$40.00 target price on shares of Stantec in a report on Monday, October 23rd. TD Securities lifted their target price on Stantec from C$36.00 to C$38.00 and gave the stock a “hold” rating in a report on Thursday, August 10th. Scotiabank restated an “outperform” rating and issued a C$40.00 target price on shares of Stantec in a report on Friday, November 10th. Canaccord Genuity lifted their target price on Stantec from C$34.00 to C$36.00 in a report on Tuesday, October 31st. Finally, Raymond James Financial, Inc. lifted their target price on Stantec from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of C$39.43.
Stantec (TSE STN) opened at C$35.94 on Monday. Stantec has a 1-year low of C$30.24 and a 1-year high of C$37.13.
In other news, Director Paul Jeremy David Alpern sold 1,498 shares of the firm’s stock in a transaction on Friday, August 18th. The stock was sold at an average price of C$33.99, for a total value of C$50,917.02. Also, Director Donald James Lowry bought 3,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The stock was acquired at an average cost of C$33.50 per share, with a total value of C$100,500.00.
Stantec Company Profile
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.
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