Stantec (TSE:STN – Get Free Report) (NYSE:STN) had its target price lifted by equities researchers at Raymond James from C$100.00 to C$105.00 in a research report issued on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James’ target price would indicate a potential upside of 10.92% from the stock’s current price.
Several other equities research analysts also recently weighed in on STN. National Bankshares boosted their target price on shares of Stantec from C$96.00 to C$105.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 10th. BMO Capital Markets upped their price objective on Stantec from C$97.00 to C$100.00 in a research note on Thursday, October 12th. Stifel Nicolaus lifted their target price on Stantec from C$98.00 to C$105.00 and gave the stock a “buy” rating in a research report on Tuesday, September 12th. ATB Capital boosted their price target on Stantec from C$85.00 to C$90.00 in a report on Friday, August 11th. Finally, TD Securities boosted their price target on Stantec from C$93.00 to C$105.00 and gave the company a “buy” rating in a report on Friday, August 11th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$99.64.
Stantec Stock Up 8.6 %
Stantec (TSE:STN – Get Free Report) (NYSE:STN) last released its earnings results on Wednesday, August 9th. The company reported C$0.99 EPS for the quarter, beating the consensus estimate of C$0.94 by C$0.05. Stantec had a return on equity of 13.54% and a net margin of 6.14%. The company had revenue of C$1.28 billion during the quarter, compared to analysts’ expectations of C$1.23 billion. As a group, equities analysts anticipate that Stantec will post 4.0491958 earnings per share for the current fiscal year.
Stantec Inc provides e professional services in the areas of infrastructure and facilities to the public and private sectors clients in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics.
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