Stuart Olson (SOX) Lowered to “Sector Perform” at AltaCorp Capital

Stuart Olson (TSE:SOX) was downgraded by stock analysts at AltaCorp Capital from an “outperform” rating to a “sector perform” rating in a research note issued on Wednesday.

Several other analysts also recently weighed in on SOX. TD Securities boosted their price target on Stuart Olson from C$7.00 to C$8.50 and gave the company a “buy” rating in a research note on Monday, January 8th. CIBC boosted their price target on Stuart Olson from C$6.00 to C$8.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, National Bank Financial raised Stuart Olson from an “underperform” rating to a “sector perform” rating and boosted their price objective for the company from C$4.50 to C$5.50 in a report on Monday, November 13th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Stuart Olson currently has a consensus rating of “Hold” and an average target price of C$6.83.

Shares of Stuart Olson (TSE:SOX) opened at C$8.34 on Wednesday. The firm has a market capitalization of $224.44, a PE ratio of 417.00 and a beta of 1.10. Stuart Olson has a one year low of C$4.99 and a one year high of C$8.39.

Stuart Olson (TSE:SOX) last posted its quarterly earnings results on Thursday, November 9th. The company reported C$0.11 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.11. Stuart Olson had a return on equity of 7.60% and a net margin of 1.35%.

COPYRIGHT VIOLATION NOTICE: “Stuart Olson (SOX) Lowered to “Sector Perform” at AltaCorp Capital” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/01/18/stuart-olson-sox-lowered-to-sector-perform-at-altacorp-capital.html.

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.

Analyst Recommendations for Stuart Olson (TSE:SOX)

Receive News & Ratings for Stuart Olson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stuart Olson and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply