Stuart Olson (SOX) Reaches New 52-Week High at $7.21

Stuart Olson Inc (TSE:SOX) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$7.21 and last traded at C$7.12, with a volume of 35099 shares trading hands. The stock had previously closed at C$7.15.

Several research analysts have commented on SOX shares. TD Securities boosted their price objective on shares of Stuart Olson from C$6.00 to C$7.00 and gave the company a “buy” rating in a research report on Monday, November 13th. CIBC boosted their price objective on shares of Stuart Olson from C$5.50 to C$6.00 in a research report on Monday, November 13th. Finally, National Bank Financial upgraded shares of Stuart Olson from an “underperform” rating to a “sector perform” rating and boosted their price objective for the company from C$4.50 to C$5.50 in a research report on Monday, November 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Stuart Olson presently has a consensus rating of “Hold” and an average target price of C$6.25.

The firm has a market cap of $194.88, a PE ratio of 358.00 and a beta of 1.10.

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About Stuart Olson

Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The Buildings Group provides integrated project delivery, construction management, and design-build construction services. The Commercial Systems Group engages in designing, building, maintaining, and servicing electrical and life safety systems, security infrastructure, and other related building technology systems, as well as voice, data, and communications networks for commercial, institutional, and multi-tenant residential buildings.

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