Scotiabank Issues Pessimistic Forecast for Stantec (TSE:STN) Stock Price

Stantec (TSE:STN) (NYSE:STN) had its price target decreased by investment analysts at Scotiabank from C$162.00 to C$146.00 in a report released on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Scotiabank’s target price suggests a potential upside of 15.60% from the company’s current price.

Several other research firms have also recently commented on STN. Stifel Nicolaus increased their price target on shares of Stantec from C$169.00 to C$173.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Desjardins upped their price objective on Stantec from C$160.00 to C$173.00 and gave the stock a “buy” rating in a report on Friday, December 12th. TD Securities lowered their target price on Stantec from C$183.00 to C$158.00 in a research note on Tuesday, February 24th. Royal Bank Of Canada boosted their target price on Stantec from C$168.00 to C$175.00 in a research report on Friday. Finally, National Bank Financial decreased their price target on Stantec from C$167.00 to C$161.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$161.90.

Stantec Stock Down 3.1%

Shares of TSE:STN opened at C$126.30 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 85.29. The firm has a market cap of C$14.41 billion, a P/E ratio of 29.79, a P/E/G ratio of 1.46 and a beta of 0.79. Stantec has a 12 month low of C$109.74 and a 12 month high of C$160.05. The company’s 50-day moving average price is C$132.10 and its two-hundred day moving average price is C$141.73.

Insider Activity at Stantec

In related news, Director Gordon Allan Johnston acquired 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The stock was acquired at an average cost of C$131.52 per share, with a total value of C$526,080.00. Following the completion of the purchase, the director directly owned 53,793 shares in the company, valued at approximately C$7,074,855.36. This trade represents a 8.03% increase in their ownership of the stock. 0.27% of the stock is currently owned by company insiders.

More Stantec News

Here are the key news stories impacting Stantec this week:

• Positive Sentiment: Royal Bank of Canada raised its price target to C$175, implying ~39% upside — a bullish analyst signal. RBC raise
• Positive Sentiment: Desjardins raised its target to C$178 and keeps a “buy” rating, the highest target in the group (~42% upside). Desjardins raise (BayStreet) TickerReport
• Positive Sentiment: National Bank Financial nudged its target higher to C$163 and maintains an “outperform” view, another supportive analyst call. National Bank raise
• Positive Sentiment: Stantec reported record 2025 results, delivered a 17.6% adjusted EBITDA margin, raised the dividend by 8.9%, and provided a 2026 outlook — fundamentals that support longer‑term upside. Company results
• Neutral Sentiment: Aggregate analyst coverage remains mixed but skewed to materially higher targets (roughly C$146–C$178), so market views vary — this contributes to volatility as investors sort through divergent forecasts. Analyst roundup
• Negative Sentiment: Scotiabank cut its target from C$162 to C$146 (still “outperform”), trimming near-term expectations and likely contributing to selling pressure. Scotiabank cut
• Negative Sentiment: Stifel lowered its target from C$172 to C$154 but kept a “buy” rating — another downward revision that reduces immediate upside assumptions. Stifel cut
• Negative Sentiment: TD Securities publicly lowered expectations for STN, reinforcing the cautious narrative among some sell-side firms and pressuring sentiment. TD Securities note
• Negative Sentiment: Technicals and liquidity: volume is elevated versus average and the share price sits below its 50‑ and 200‑day SMAs, increasing the likelihood of short‑term downside before fundamentals reassert themselves.

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.