According to The Fly, after Scotiabank and CIBC gave Stantec Inc (NYSE: STN) a Buy rating last month, the company received another Buy, this time from Canaccord Genuity. Analyst Yuri Lynk reiterated a Buy rating on Stantec Inc today. The company’s shares opened today at $25.49.
According to TipRanks.com, Lynk is a 5-star analyst with an average return of 8.5% and a 53.2% success rate. Lynk covers the Basic Materials sector, focusing on stocks such as Badger Daylighting Ltd, SNC-Lavalin Group Inc, and Fluor Corp.
The the analyst consensus on Stantec Inc is currently a Strong Buy rating.
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Stantec Inc’s market cap is currently $2.86B and has a P/E ratio of 26.99. The company has a Price to Book ratio of 1.90.
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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.
