Stantec (STN), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Jacob Bout from CIBC remains neutral on the stock and has a C$37 price target.
According to TipRanks.com, Bout is a 2-star analyst with an average return of 0.3% and a 41.8% success rate. Bout covers the Basic Materials sector, focusing on stocks such as SNC-Lavalin Group Inc, Stantec Inc, and Nutrien Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stantec with a C$38.42 average price target.
Stantec’s market cap is currently C$3.53B and has a P/E ratio of 51.8. The company has a Price to Book ratio of 1.85.
Stantec, Inc. engages in general design and architectural solutions. It specializes in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, construction services, project management, and project economics, from initial project concept and planning through to design, construction, commissioning, maintenance, decommissioning, and remediation. It operates through the following segments: Buildings; Energy and Resources; Environment Services; Infrastructure; and Water. The Buildings segment offers e-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, project management, and construction management services primarily for private sector 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 design and engineering and construction management services in water projects. The company was founded in 1954 and is headquartered in Edmonton, Canada.
The company’s shares closed on Monday at C$30.99.
