National Bank analyst Maxim Sytchev maintained a Buy rating on Stantec (STN – Research Report) today and set a price target of C$128.00. The company’s shares closed today at $80.92.
According to TipRanks, Sytchev is ranked #370 out of 8801 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stantec with a $90.79 average price target, which is a 12.20% upside from current levels. In a report released today, CIBC also maintained a Buy rating on the stock with a C$120.00 price target.
Based on Stantec’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.61 billion and a net profit of $74.4 million. In comparison, last year the company earned a revenue of $292.3 million and had a net profit of $73.5 million
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.
