Is Selling Stantec Inc. Here a Winning Strategy?

 Is Selling Stantec Inc. Here a Winning Strategy?

The stock of Stantec Inc. (TSE:STN) is a huge mover today! About 75,620 shares traded hands. Stantec Inc. (TSE:STN) has risen 11.09% since April 22, 2016 and is uptrending. It has outperformed by 5.08% the S&P500.
The move comes after 6 months negative chart setup for the $4.00 billion company. It was reported on Nov, 28 by We have $32.93 PT which if reached, will make TSE:STN worth $280.00 million less.

Stantec Inc. (TSE:STN) Ratings Coverage

Out of 8 analysts covering Stantec Inc. (TSE:STN), 1 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 13% are positive. $40 is the highest target while $30 is the lowest. The $36.22 average target is 2.29% above today’s ($35.41) stock price. Stantec Inc. has been the topic of 24 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The rating was downgraded by RBC Capital Markets on Wednesday, July 22 to “Sector Perform”. As per Tuesday, September 8, the company rating was upgraded by Dundee Securities. The company was maintained on Monday, May 2 by National Bank Canada. Desjardins Securities downgraded Stantec Inc. (TSE:STN) on Friday, June 3 to “Hold” rating.

More news for Stantec Inc. (TSE:STN) were recently published by:, which released: “Stantec, Inc. (STN) to Acquire MWH Global for ~$793M” on March 29, 2016.‘s article titled: “RSI Alert: Stantec (STN) Now Oversold” and published on August 05, 2016 is yet another important article.

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 $4.00 billion. The Company’s segment is Consulting Services. It has a 30.22 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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