Stantec Inc. Just Recorded A Sigfniciant Decline

 Stantec Inc. Just Recorded A Sigfniciant Decline

The stock of Stantec Inc. (TSE:STN) is a huge mover today! About 243,653 shares traded hands or 42.41% up from the average. Stantec Inc. (TSE:STN) has declined 8.42% since March 31, 2016 and is downtrending. It has underperformed by 9.51% the S&P500.
The move comes after 6 months negative chart setup for the $3.38B company. It was reported on Nov, 4 by Barchart.com. We have $27.03 PT which if reached, will make TSE:STN worth $304.20 million 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 $30 is the lowest. The $36 average target is 21.21% above today’s ($29.7) stock price. Stantec Inc. has been the topic of 19 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Wednesday, July 22 by RBC Capital Markets. Dundee Securities upgraded Stantec Inc. (TSE:STN) on Tuesday, September 8 to “Buy” rating. On Monday, May 2 the stock rating was maintained by National Bank Canada with “Sector Perform”. The stock of Stantec Inc. (TSE:STN) earned “Hold” rating by Desjardins Securities on Friday, June 3.

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 Forbes.com with their article: “RSI Alert: Stantec (STN) Now Oversold” published on August 05, 2016, Streetinsider.com published: “Stantec, Inc. (STN) to Acquire Tkalcic Bengert” on October 19, 2016. More interesting news about Stantec Inc. (TSE:STN) were released by: Bizjournals.com and their article: “Stantec buys Bury in blockbuster Austin deal” published on February 24, 2016 as well as Streetinsider.com‘s news article titled: “Stantec, Inc. (STN) to Acquire NYC-Based Edwards & Zuck,” with publication date: August 12, 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 $3.38 billion. The Company’s segment is Consulting Services. It has a 22.53 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment