Is Stantec Inc. a Sell? The Stock Declines Again

 Is Stantec Inc. a Sell? The Stock Declines Again

The stock of Stantec Inc. (TSE:STN) is a huge mover today! The stock last traded at $30.75 per share. It is down 1.65% since March 11, 2016 and is uptrending. It has underperformed by 3.83% the S&P500.
The move comes after 6 months negative chart setup for the $3.51B company. It was reported on Oct, 18 by Barchart.com. We have $28.29 PT which if reached, will make TSE:STN worth $280.80M less.

Stantec Inc. (TSE:STN) Ratings Coverage

Out of 7 analysts covering Stantec Inc. (TSE:STN), 2 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. $40 is the highest target while $33 is the lowest. The $36.56 average target is 18.89% above today’s ($30.75) stock price. Stantec Inc. has been the topic of 18 analyst reports since July 22, 2015 according to StockzIntelligence Inc. National Bank Canada maintained Stantec Inc. (TSE:STN) on Monday, May 2 with “Sector Perform” rating. The firm has “Hold” rating given on Friday, June 3 by Desjardins Securities. On Wednesday, July 22 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. The company was upgraded on Tuesday, September 8 by Dundee Securities.

More notable recent Stantec Inc. (TSE:STN) news were published by: Streetinsider.com which released: “Stantec, Inc. (STN) to Acquire MWH Global for ~$793M” on March 29, 2016, also Streetinsider.com with their article: “Stantec, Inc. (STN) to Acquire NYC-Based Edwards & Zuck,” published on August 12, 2016, Forbes.com published: “RSI Alert: Stantec (STN) Now Oversold” on August 05, 2016. More interesting news about Stantec Inc. (TSE:STN) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Illinois Tool Works, Stantec and Valmont Industries” published on September 26, 2016 as well as Bizjournals.com‘s news article titled: “Stantec buys Bury in blockbuster Austin deal” with publication date: February 24, 2016.

Stantec Inc. is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The company has a market cap of $3.51 billion. The Company’s segment is Consulting Services. It has a 23.33 P/E ratio. The Company’s services include planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects.

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