Stantec (TSE:STN) Given New C$143.00 Price Target at National Bank Financial

Stantec (TSE:STN) (NYSE:STN) had its target price decreased by National Bank Financial from C$163.00 to C$143.00 in a research report report published on Wednesday,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

Several other brokerages have also recently weighed in on STN. TD Securities reduced their target price on shares of Stantec from C$183.00 to C$158.00 in a report on Tuesday, February 24th. Royal Bank Of Canada raised their target price on shares of Stantec from C$168.00 to C$175.00 in a report on Friday, February 27th. Stifel Nicolaus reduced their target price on shares of Stantec from C$172.00 to C$154.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Desjardins raised their price objective on shares of Stantec from C$173.00 to C$178.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, Scotiabank cut their price objective on shares of Stantec from C$162.00 to C$146.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Stantec presently has a consensus rating of “Moderate Buy” and an average price target of C$159.90.

Stantec Stock Up 1.5%

Shares of TSE:STN opened at C$121.53 on Wednesday. The firm’s 50 day moving average price is C$125.05 and its 200 day moving average price is C$136.25. The stock has a market cap of C$13.86 billion, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73. Stantec has a fifty-two week low of C$111.98 and a fifty-two week high of C$160.05. 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) (NYSE:STN) last issued its earnings results on Wednesday, February 25th. The company reported C$0.82 earnings per share for the quarter. The firm had revenue of C$2.12 billion for the quarter. Stantec had a net margin of 6.47% and a return on equity of 15.28%.

Stantec Company Profile

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.