In a latest note to investors, a research analyst has provided a rating update for the Stuart Olson (SOX). Yesterday, analyst Jacob Bout gave a Hold rating to SOX and set a C$5.50 price target.
According to TipRanks.com, Bout is ranked #2373 out of 5216 analysts.
Stuart Olson has an analyst consensus of Moderate Buy, with a price target consensus of C$5.67, which is a 29.2% upside from current levels. In a report released today, Canaccord Genuity also downgraded the stock to Hold with a C$4.50 price target.
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Based on Stuart Olson’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$3.94 million. In comparison, last year the company had a net profit of C$5.68 million.
Stuart Olson, Inc. engages in the provision of construction and maintenance services. It operates through the following segments: Industrial Group, Buildings Group, Commercial Systems Group, and Corporate Group.
The company’s shares closed on Thursday at C$4.39.
