BMO Capital Markets Raises Stantec to Outperform (STN)
Stantec (NYSE: STN) was upgraded by research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a report released on Friday. The firm currently has a $35.00 target price on the stock, up from their previous target price of $33.00.
Stantec opened at 31.43 on Friday. Stantec has a 52-week low of $20.96 and a 52-week high of $32.79. The company has a market cap of $1.437 billion and a price-to-earnings ratio of 104.42.
Several other analysts have also recently commented on the stock. Analysts at Desjardins downgraded shares of Stantec from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, April 4th. Separately, analysts at Raymond James (NYSE: RJF) downgraded shares of Stantec from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, February 24th. Finally, analysts at TD Newcrest downgraded shares of Stantec to a “hold” rating in a research note to investors on Friday, February 24th.
Stantec Inc. provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects.