Stantec (TSE:STN) Price Target Cut to C$132.00 by Analysts at TD

Stantec (TSE:STN) (NYSE:STN) had its price objective trimmed by TD from C$158.00 to C$132.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Scotiabank lowered their target price on shares of Stantec from C$162.00 to C$146.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Raymond James Financial lowered their target price on shares of Stantec from C$180.00 to C$165.00 in a research note on Wednesday, April 29th. Royal Bank Of Canada upped their target price on shares of Stantec from C$168.00 to C$175.00 in a research note on Friday, February 27th. Desjardins upped their target price on shares of Stantec from C$173.00 to C$178.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, Stifel Nicolaus lowered their target price on shares of Stantec from C$160.00 to C$140.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Stantec currently has a consensus rating of “Buy” and a consensus price target of C$151.69.

Stantec Price Performance

STN opened at C$106.39 on Friday. The company has a debt-to-equity ratio of 76.67, a quick ratio of 1.46 and a current ratio of 1.35. The stock has a market capitalization of C$12.14 billion, a P/E ratio of 24.80, a P/E/G ratio of 1.46 and a beta of 0.76. The company’s 50-day simple moving average is C$120.96 and its two-hundred day simple moving average is C$130.39. Stantec has a 52-week low of C$99.67 and a 52-week high of C$160.05.

Stantec (TSE:STN) (NYSE:STN) last posted its earnings results on Wednesday, May 13th. The company reported C$1.33 earnings per share (EPS) for the quarter. The business had revenue of C$2.07 billion for the quarter. Stantec had a net margin of 6.19% and a return on equity of 15.21%.

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.