BMO Capital Sticks to Its Buy Rating for Stantec (STN)

In a report released today, Devin Dodge from BMO Capital maintained a Buy rating on Stantec (STN – Research Report), with a price target of C$127.00. The company’s shares closed today at $80.94.

Dodge covers the Industrials sector, focusing on stocks such as Clean Harbors, Stantec, and Russel Metals. According to TipRanks, Dodge has an average return of 10.8% and a 67.88% success rate on recommended stocks.

Currently, the analyst consensus on Stantec is a Moderate Buy with an average price target of $90.07, implying an 11.28% upside from current levels. In a report released yesterday, RBC Capital also reiterated a Buy rating on the stock with a C$123.00 price target.

The company has a one-year high of $87.37 and a one-year low of $56.03. Currently, Stantec has an average volume of 113.3K.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is neutral on the stock.

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Stantec (STN) Company Description:

Stantec, Inc. engages the provision of in general design and architectural solutions. It operates through the following segments: Buildings; Energy and Resources; Environment Services; Infrastructure; and Water. The Buildings segment offers pre-design, design, and construction administration services in planning, architecture, buildings engineering, and interior design services for vertical infrastructure. The Energy and Resources segment is involved in industrial engineering services for private sector energy, resource, and power clients. The Environment Services segment provides environmental services for private sector clients and remediation activities for private and public sector clients. The Infrastructure segment is responsible to design and engineering services; as well as project and construction management services. The Water segment is responsible for traditional planning, engineering, design, and construction management services. The company was founded by Don Stanely in 1954 and is headquartered in Edmonton, Canada.