Stantec (TSE:STN) Price Target Cut to C$155.00 by Analysts at Royal Bank Of Canada

Stantec (TSE:STN – Get Free Report) (NYSE:STN) had its price objective reduced by analysts at Royal Bank Of Canada from C$175.00 to C$155.00 in a research note issued on Friday,BayStreet.CA reports. Royal Bank Of Canada’s price target would indicate a potential upside of 47.20% from the stock’s previous close.

Several other research analysts have also commented on STN. TD Securities cut their price target on Stantec from C$183.00 to C$158.00 in a research report on Tuesday, February 24th. TD lowered their target price on Stantec from C$158.00 to C$132.00 and set a “buy” rating on the stock in a research note on Friday. Raymond James Financial lowered their target price on Stantec from C$180.00 to C$165.00 in a research note on Wednesday, April 29th. Desjardins lifted their target price on Stantec from C$173.00 to C$178.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, National Bank Financial lowered their target price on Stantec from C$163.00 to C$143.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Thirteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$151.69.

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Stantec Stock Performance

STN traded up C$5.39 during trading on Friday, hitting C$105.30. 362,013 shares of the stock were exchanged, compared to its average volume of 398,363. The firm has a market capitalization of C$12.01 billion, a P/E ratio of 25.07, a PEG ratio of 1.46 and a beta of 0.76. Stantec has a 1-year low of C$99.67 and a 1-year high of C$160.05. The stock has a fifty day moving average price of C$121.36 and a two-hundred day moving average price of C$130.56. The company has a quick ratio of 1.46, a current ratio of 1.23 and a debt-to-equity ratio of 96.66.

Stantec (TSE:STN – Get Free Report) (NYSE:STN) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$1.33 EPS for the quarter. The company had revenue of C$2.07 billion for the quarter. Stantec had a return on equity of 15.28% and a net margin of 6.47%.

Stantec Company Profile

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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.

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