08:26:15 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Stantec Inc
Symbol STN
Shares Issued 114,066,995
Close 2023-12-08 C$ 105.03
Market Cap C$ 11,980,456,485
Recent Sedar Documents

Globe says RBC's Khan keeps Stantec at "outperform"

2023-12-08 08:11 ET - In the News

The Globe and Mail reports in its Friday, Dec. 8, edition that RBC Capital analyst Sabahat Khan has reaffirmed his "outperform" recommendation for Stantec. The Globe's David Leeder writes in the Eye On Equities column that Mr. Khan's share target soared $14 to $118. Analysts on average target the shares at $133.64. Mr. Khan says in a note: "Stantec's Investor Day outlined the company's 2024-2026 Strategic Plan/targets that were largely in line with our expectations (MSD per cent-HSD per cent [mid-to-high-single-digits percentage] organic growth + margin expansion) heading into the event. The targets and management commentary on demand drivers also reaffirmed our view that Stantec remains well positioned to capitalize on the secular tailwinds driving the industry." The Globe reported on Nov. 14 that ATB Capital analyst Chris Murray had upgraded Stantec to "outperform." It was then worth $96.96. The Globe reported on Dec. 1 that BMO Capital Markets analyst Devin Dodge had reaffirmed his "outperform" recommendation for Stantec, which could then be had for $101.12.

© 2024 Canjex Publishing Ltd. All rights reserved.