Stantec assumed with an Outperform at Scotiabank
The Fly

Stantec assumed with an Outperform at Scotiabank

Scotiabank assumed coverage of Stantec (STN) with an Outperform rating and C$129 price target The firm says the Canadian engineering and construction companies are “beloved” for their defensive business models, proven ability to recycle capital accretively via acquisitions, and being beneficiaries of an infrastructure investment cycle and secular tailwinds.

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