Stantec (STN) PT Raised to C$41.00 at BMO Capital Markets

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Stantec (TSE:STN) (NYSE:STN) had its target price raised by investment analysts at BMO Capital Markets from C$40.00 to C$41.00 in a report released on Tuesday. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 24.81% from the stock’s previous close.

STN has been the topic of several other reports. TD Securities upped their price target on Stantec from C$36.00 to C$38.00 and gave the stock a “hold” rating in a research note on Friday, May 11th. CIBC cut Stantec from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 5th. National Bank Financial reduced their price target on Stantec from C$37.00 to C$35.00 in a research note on Friday, May 11th. Finally, Canaccord Genuity raised Stantec from a “hold” rating to a “buy” rating and upped their price target for the stock from C$34.00 to C$37.00 in a research note on Thursday, August 9th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Stantec presently has a consensus rating of “Buy” and a consensus price target of C$37.55.

Shares of STN stock opened at C$32.85 on Tuesday. Stantec has a twelve month low of C$30.97 and a twelve month high of C$37.13.

In related news, Director Paul Jeremy David Alpern sold 10,000 shares of the stock in a transaction on Tuesday, June 26th. The stock was sold at an average price of C$34.05, for a total transaction of C$340,500.00. Also, Director Jeffrey Philip Stone sold 1,000 shares of the stock in a transaction on Friday, August 31st. The shares were sold at an average price of C$32.97, for a total value of C$32,970.00.

Stantec Company Profile

Stantec Inc provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through four segments: Consulting Services ? Canada, Consulting Services ? United States, Consulting Services ? Global, and Construction Services.

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