Forex
Stantec Stock Soars as Analysts Set $175 Price Target
Stantec stock has closed at USD 67.45 on the NYSE after gaining 0.46 percent from its prior close of USD 67.14, according to MarketBeat.
The average 12-month target for Stantec is set at USD 175 by analysts, representing a 159.4 percent premium over the closing price.
Seven research firms have assigned Stantec a Moderate Buy consensus with five buy ratings and two holds, while Scotia and Royal Bank of Canada recently reduced their Canadian-dollar targets to C$129 and C$146 respectively.