From MarketBeat:



Stantec (NYSE:STN) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating. Other analysts have given the stock a consensus “Moderate Buy” rating with a price target of $105.

STN opened at $78.83 on Friday and reported earnings of $0.85 per share in the last quarterly report. The company has a 12-month low of $46.64 and a high of $78.86. Stantec has a market cap of $8.99 billion and a P/E ratio of 35.67. Institutional investors have recently increased their stakes in the company.

Stantec Inc provides professional services in infrastructure and facilities to public and private sector clients in Canada, the United States, and internationally. The company provides consulting services in various areas including engineering, architecture, and project management.

While Stantec currently has a “Moderate Buy” rating, top-rated analysts have recommended five other stocks as better buys.



Original: StockNews.com Lowers Stantec (NYSE:STN) to Buy