Stifel Nicolaus Reaffirms Their Buy Rating on Stantec (STN)

Stifel Nicolaus analyst Ian Gillies maintained a Buy rating on Stantec (STN – Research Report) today and set a price target of C$132.00. The company’s shares closed yesterday at $84.92.

According to TipRanks, Gillies is an analyst with an average return of -2.5% and a 47.13% success rate.

Currently, the analyst consensus on Stantec is a Moderate Buy with an average price target of $90.55, a 6.63% upside from current levels. In a report released on April 24, BMO Capital also maintained a Buy rating on the stock with a C$127.00 price target.

STN market cap is currently $9.69B and has a P/E ratio of 38.49.

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.