Today, an analyst has provided a rating update for the Materials sector company, Stuart Olson (SOX). Analyst Frederic Bastien from Raymond James rated Stuart Olson (SOX) a Hold, setting a C$5 price target.
According to TipRanks.com, Bastien is ranked #2818 out of 5218 analysts.
Currently, the analyst consensus on Stuart Olson is a Hold with an average price target of C$5, which is a 17.1% upside from current levels. In a report issued on March 7, 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 December 31, the company reported a quarterly GAAP net loss of C$1.27 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 Monday at C$4.27, close to its 52-week low of C$4.12.
