Stuart Olson (SOX) Trading 0.8% Higher After Analyst Upgrade
Stuart Olson Inc (TSE:SOX)’s share price traded up 0.8% during mid-day trading on Tuesday after TD Securities raised their price target on the stock from C$7.00 to C$8.50. TD Securities currently has a buy rating on the stock. Stuart Olson traded as high as C$7.35 and last traded at C$7.35. 62,059 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 48,306 shares. The stock had previously closed at C$7.29.
Other equities analysts also recently issued research reports about the company. CIBC upped their price target on Stuart Olson from C$5.50 to C$6.00 in a research report on Monday, November 13th. National Bank Financial raised Stuart Olson from an “underperform” rating to a “sector perform” rating and upped their price target for the stock from C$4.50 to C$5.50 in a research report on Monday, November 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of C$6.50.
The firm has a market cap of $201.17, a PE ratio of 367.50 and a beta of 1.10.
Stuart Olson Company Profile
Stuart Olson Inc is a Canada-based construction and industrial services company. The Company’s segments include General Contracting, Commercial Systems, Industrial Services, and Corporate and Other. The General Contracting segment, through the Buildings Group, provides general contracting services, including integrated project delivery, construction management and design-build services.
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