Stuart Olson (SOX) PT Lowered to C$5.50

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Stuart Olson (TSE:SOX) had its target price cut by CIBC from C$6.50 to C$5.50 in a research report sent to investors on Thursday morning.

Several other research firms also recently commented on SOX. TD Securities boosted their target price on shares of Stuart Olson from C$5.50 to C$6.00 and gave the stock a hold rating in a report on Monday, January 14th. Raymond James reissued an outperform rating and issued a C$7.00 target price on shares of Stuart Olson in a report on Tuesday, January 15th. National Bank Financial lowered their target price on shares of Stuart Olson from C$6.50 to C$6.00 and set a sector perform rating on the stock in a report on Thursday, November 8th. Finally, Canaccord Genuity downgraded shares of Stuart Olson from a buy rating to a hold rating and lowered their target price for the stock from C$8.00 to C$4.50 in a report on Thursday.

SOX stock opened at C$4.27 on Thursday. Stuart Olson has a one year low of C$4.12 and a one year high of C$8.15. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 61.94. The firm has a market capitalization of $118.07 million and a PE ratio of 22.47.

About Stuart Olson

Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The company's Buildings Group segment provides general contracting services, including integrated project delivery, construction management, and design-build services for schools, hospitals, and high-rise buildings; and provision of management, estimating, accounting, site management, field workers, and equipment in order to complete projects.

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