Canaccord Genuity analyst Yuri Lynk maintained a Buy rating on Stantec (NYSE:STN) Inc on Monday, setting a price target of C$50, which is approximately 22.11% above the present share price of $32.
Lynk expects Stantec Inc to post earnings per share (EPS) of $0.55 for the fourth quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Stantec, with an average price target of $35.79.
The analysts price targets range from a high of $39.08 to a low of $32.04.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.18 billion and a net profit of $97.5 million. The company's market cap is $3.59 billion.
According to TipRanks.com, Canaccord Genuity analyst Yuri Lynk is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.9% and a 58.09% success rate.
Stantec, Inc. engages the provision of in general design and architectural solutions. It operates through the following segments: Buildings; Energy and Resources; Environment Services; Infrastructure; and Water. The Buildings segment offers pre-design, design, and construction administration services in planning, architecture, buildings engineering, and interior design services for vertical infrastructure. The Energy and Resources segment is involved in industrial engineering services for private sector energy, resource, and power clients. The Environment Services segment provides environmental services for private sector clients and remediation activities for private and public sector clients. The Infrastructure segment is responsible to design and engineering services; as well as project and construction management services. The Water segment is responsible for traditional planning, engineering, design, and construction management services. The company was founded by Don Stanely in 1954 and is headquartered in Edmonton, Canada.