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

Stantec (TSE:STN) (NYSE:STN) had its price target raised by National Bankshares from C$140.00 to C$143.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 12.95% from the stock’s current price.

STN has been the topic of a number of other research reports. Canaccord Genuity Group lifted their target price on Stantec from C$135.00 to C$138.00 and gave the company a “buy” rating in a research report on Wednesday. Canaccord Genuity Group boosted their price target on Stantec from C$125.00 to C$135.00 in a research note on Monday, November 11th. BMO Capital Markets increased their price target on Stantec from C$135.00 to C$138.00 in a research note on Friday, December 6th. CIBC upped their price target on shares of Stantec from C$121.50 to C$134.00 in a research note on Friday, December 13th. Finally, Desjardins lifted their target price on shares of Stantec from C$138.00 to C$148.00 and gave the company a “buy” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Stantec presently has an average rating of “Moderate Buy” and an average target price of C$140.33.

Stantec Trading Up 5.6 %

STN stock traded up C$6.67 during midday trading on Wednesday, reaching C$126.60. The company’s stock had a trading volume of 504,362 shares, compared to its average volume of 230,142. The company has a debt-to-equity ratio of 85.29, a quick ratio of 1.46 and a current ratio of 1.42. The firm has a market capitalization of C$14.43 billion, a price-to-earnings ratio of 42.25, a PEG ratio of 1.46 and a beta of 0.82. The stock has a fifty day simple moving average of C$112.05 and a two-hundred day simple moving average of C$113.28. Stantec has a 1 year low of C$103.48 and a 1 year high of C$126.60.

Insider Activity

In other news, Director Vito Culmone bought 3,000 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was purchased at an average price of C$112.03 per share, for a total transaction of C$336,099.00. Corporate insiders own 0.27% of the company’s stock.

About Stantec

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.