Stuart Olson (SOX) Gets a Buy Rating from Canaccord Genuity


The Materials sector company, Stuart Olson (TSX: SOX), has received a rating update from a Wall Street analyst today. Canaccord Genuity’s analyst Yuri Lynk reiterates their Buy rating on the shares, with a C$8 price target.

Lynk has an average return of 13.0% when recommending Stuart Olson.

According to TipRanks.com, Lynk is ranked #548 out of 4847 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stuart Olson with a C$8 average price target.

Based on Stuart Olson’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$1.12 million. In comparison, last year the company had a net profit of C$491K.

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 Friday at C$7.10.

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