Stantec (TSE:STN – Get Free Report) (NYSE:STN) had its price objective hoisted by stock analysts at ATB Cormark Capital Markets from C$130.00 to C$133.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ price objective points to a potential upside of 29.38% from the company’s current price.
STN has been the topic of several other reports. Stifel Nicolaus decreased their price target on shares of Stantec from C$160.00 to C$140.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Scotia cut their price objective on shares of Stantec from C$133.00 to C$129.00 and set a “sector outperform” rating for the company in a report on Friday. Desjardins decreased their target price on shares of Stantec from C$178.00 to C$171.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. National Bank Financial decreased their target price on shares of Stantec from C$143.00 to C$120.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Finally, Raymond James Financial lowered their target price on shares of Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. Twelve equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$143.00.
Get Our Latest Stock Analysis on STN
Stantec Stock Performance
Stantec (TSE:STN – Get Free Report) (NYSE:STN) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$1.61 EPS for the quarter. Stantec had a return on equity of 15.21% and a net margin of 6.19%.The firm had revenue of C$2.23 billion for the quarter.
Insider Transactions at Stantec
In related news, Director Clayton Bock purchased 1,485 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average price of C$94.85 per share, with a total value of C$140,852.25. Following the completion of the purchase, the director directly owned 4,895 shares in the company, valued at C$464,290.75. This trade represents a 43.55% increase in their ownership of the stock. Also, Director Douglas Keith Ammerman acquired 681 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were purchased at an average cost of C$97.84 per share, with a total value of C$66,629.04. Following the transaction, the director directly owned 42,512 shares of the company’s stock, valued at C$4,159,374.08. This trade represents a 1.63% increase in their ownership of the stock. 0.27% of the stock is owned by insiders.
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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