Stantec Inc. (TSE:STN – Get Free Report) (NYSE:STN)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$99.11 and last traded at C$100.75, with a volume of 240899 shares. The stock had previously closed at C$99.62.
Analyst Ratings Changes
STN has been the topic of a number of recent research reports. Royal Bank Of Canada dropped their target price on Stantec from C$175.00 to C$155.00 in a research report on Friday, May 15th. Raymond James Financial reduced their price target on shares of Stantec from C$180.00 to C$165.00 in a research report on Wednesday, April 29th. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating and decreased their price objective for the company from C$157.00 to C$130.00 in a research note on Friday, May 15th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Stantec from C$173.00 to C$160.00 in a report on Tuesday, May 19th. Finally, Scotia dropped their price objective on shares of Stantec from C$146.00 to C$138.00 and set a “sector outperform” rating on the stock in a report on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, According to MarketBeat.com, Stantec has an average rating of “Buy” and a consensus target price of C$150.54.
Check Out Our Latest Stock Report on STN
Stantec Price Performance
Stantec (TSE:STN – Get Free Report) (NYSE:STN) last issued its earnings results on Wednesday, May 13th. The company reported C$1.33 EPS for the quarter. The firm had revenue of C$2.07 billion for the quarter. Stantec had a return on equity of 15.21% and a net margin of 6.19%.
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.
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