Uni-Select (UNS) was Downgraded to a Hold Rating at Desjardins


Shares of Uni-Select (UNS) were revisited by a Wall Street analyst yesterday. Analyst Benoit Poirier from Desjardins rated Uni-Select (UNS) a Hold, setting a C$20 price target.

According to TipRanks.com, Poirier is ranked #345 out of 5188 analysts.

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The word on The Street in general, suggests a Hold analyst consensus rating for Uni-Select with a C$20 average price target, representing a 51.5% upside. In a report issued on February 14, National Bank also maintained a Hold rating on the stock with a C$24 price target.

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Based on Uni-Select’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$13.85 million. In comparison, last year the company had a net profit of C$11.09 million.

Uni-Sélect, Inc. focuses on the distribution, sale and marketing of automotive replacement parts, accessories, tools & equipment, paint, and collision repair products. It operates through the followign segments: FinishMaster US, Canadian Automotive Group, The Parts Alliance UK, and Corporate Office and Other.

The company’s shares closed on Thursday at C$13.20.

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