Brokers Offer Predictions for Stuart Olson Inc’s FY2016 Earnings (SOX)

Stuart Olson Inc (TSE:SOX) – Equities research analysts at National Bank Financial dropped their FY2016 EPS estimates for shares of Stuart Olson in a note issued to investors on Sunday. National Bank Financial analyst M. Sytchev now forecasts that the brokerage will post earnings of $0.04 per share for the year, down from their previous estimate of $0.13. National Bank Financial currently has a “Underperform Overweight” rating on the stock. National Bank Financial also issued estimates for Stuart Olson’s FY2018 earnings at $0.44 EPS.

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Other analysts have also issued reports about the company. CIBC lowered their price target on Stuart Olson from C$7.00 to C$6.50 in a research note on Monday, November 7th. TD Securities lowered their price objective on Stuart Olson from C$6.50 to C$6.00 and set a “hold” rating on the stock in a research note on Monday, November 7th. Royal Bank Of Canada lowered their price objective on Stuart Olson from C$6.00 to C$5.50 and set a “sector perform on valuation” rating on the stock in a research note on Monday, November 7th. Finally, Scotiabank lowered their price objective on Stuart Olson from C$6.00 to C$5.00 and set an “underperform” rating on the stock in a research note on Monday, November 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. Stuart Olson presently has a consensus rating of “Hold” and an average price target of C$6.10.

Stuart Olson (TSE:SOX) traded up 1.54% during trading on Wednesday, hitting $5.27. The stock had a trading volume of 9,697 shares. The company’s market cap is $141.87 million. Stuart Olson has a one year low of $4.45 and a one year high of $7.13. The firm has a 50 day moving average of $5.67 and a 200-day moving average of $6.01.

ILLEGAL ACTIVITY NOTICE: “Brokers Offer Predictions for Stuart Olson Inc’s FY2016 Earnings (SOX)” was reported by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of US & international trademark and copyright law. The correct version of this piece of content can be viewed at https://www.com-unik.info/2017/01/11/brokers-offer-predictions-for-stuart-olson-incs-fy2016-earnings-sox.html.

Stuart Olson Company Profile

Stuart Olson Inc is a Canada-based construction and industrial services company. The Company’s segments include General Contracting, Commercial Systems, Industrial Services, and Corporate and Other. The General Contracting segment, through the Buildings Group, provides general contracting services, including integrated project delivery, construction management and design-build services.

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