Stantec Inc. (TSE:STN) Given Consensus Recommendation of “Moderate Buy” by Analysts

Stantec Inc. (TSE:STN) (NYSE:STN) has received an average rating of “Moderate Buy” from the eleven ratings firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$129.50.

A number of analysts have commented on STN shares. CIBC lifted their price target on Stantec from C$121.50 to C$134.00 in a research report on Friday, December 13th. Scotiabank raised Stantec to a “strong-buy” rating in a report on Friday, October 25th. BMO Capital Markets increased their price target on shares of Stantec from C$135.00 to C$138.00 in a report on Friday, December 6th. Canaccord Genuity Group lifted their price objective on shares of Stantec from C$125.00 to C$135.00 in a research note on Monday, November 11th. Finally, Stifel Nicolaus increased their price objective on shares of Stantec from C$130.00 to C$145.00 in a research note on Friday, October 4th.

Stantec Trading Down 0.9 %

TSE:STN opened at C$113.86 on Monday. The company has a market capitalization of C$12.99 billion, a P/E ratio of 37.45, a PEG ratio of 1.46 and a beta of 0.82. The company has a current ratio of 1.39, a quick ratio of 1.46 and a debt-to-equity ratio of 80.74. Stantec has a 12 month low of C$102.48 and a 12 month high of C$123.92. The firm has a fifty day simple moving average of C$116.81 and a 200-day simple moving average of C$114.11.

Stantec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Tuesday, December 31st. Stantec’s dividend payout ratio (DPR) is presently 27.63%.

Insider Activity at Stantec

In other Stantec news, Director Vito Culmone purchased 4,000 shares of Stantec stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average price of C$121.49 per share, with a total value of C$485,960.00. 0.27% of the stock is owned by company insiders.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.