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Canaccord Genuity Sticks to Its Buy Rating for Stantec (STN)

Tipranks - Tipranks - Sat Apr 18, 8:56AM CDT

In a report released today, Yuri Lynk from Canaccord Genuity maintained a Buy rating on Stantec, with a price target of C$175.00.

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Lynk covers the Industrials sector, focusing on stocks such as Aecon Group Inc., Stantec, and AtkinsRealis. According to TipRanks, Lynk has an average return of 10.2% and a 51.74% success rate on recommended stocks.

Stantec has an analyst consensus of Strong Buy, with a price target consensus of C$162.08.

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STN market cap is currently C$14.27B and has a P/E ratio of 30.82.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of STN in relation to earlier this year.

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