National Bankshares Lowers Stantec (TSE:STN) Price Target to C$161.00

Stantec (TSE:STN) (NYSE:STN) had its target price dropped by analysts at National Bankshares from C$167.00 to C$161.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 24.78% from the stock’s current price.

A number of other equities analysts have also issued reports on STN. Scotiabank boosted their target price on shares of Stantec from C$160.00 to C$161.00 in a research report on Friday, October 17th. Royal Bank Of Canada boosted their price objective on shares of Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. Stifel Nicolaus increased their target price on shares of Stantec from C$160.00 to C$175.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Desjardins upped their price target on Stantec from C$160.00 to C$173.00 and gave the company a “buy” rating in a report on Friday. Finally, CIBC raised their price objective on Stantec from C$168.00 to C$175.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$166.60.

Stantec Stock Performance

Shares of TSE STN traded up C$0.18 during trading hours on Monday, hitting C$129.03. 127,815 shares of the company’s stock were exchanged, compared to its average volume of 299,662. The company’s 50-day moving average price is C$146.14 and its 200-day moving average price is C$148.17. Stantec has a 1-year low of C$107.23 and a 1-year high of C$160.05. The stock has a market capitalization of C$14.72 billion, a price-to-earnings ratio of 30.43, a PEG ratio of 1.46 and a beta of 0.80. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46.

Stantec (TSE:STN) (NYSE:STN) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$1.53 EPS for the quarter. Stantec had a return on equity of 12.08% and a net margin of 4.78%.The company had revenue of C$2.14 billion for the quarter.

Stantec Company Profile

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.