Stuart Olson (SOX) Rating Lowered to Underperform at National Bank Financial

National Bank Financial downgraded shares of Stuart Olson (TSE:SOX) from a sector perform rating to an underperform rating in a research note published on Friday, BayStreet.CA reports. The brokerage currently has C$3.50 price target on the stock, down from their previous price target of C$4.50.

SOX has been the topic of several other research reports. Raymond James reissued a market perform rating and issued a C$5.00 price objective on shares of Stuart Olson in a research note on Friday. TD Securities dropped their price objective on Stuart Olson from C$6.00 to C$4.75 and set a hold rating on the stock in a research note on Thursday, March 7th. Canaccord Genuity cut Stuart Olson from a buy rating to a hold rating and dropped their price objective for the stock from C$8.00 to C$4.50 in a research note on Thursday, March 7th. Finally, CIBC dropped their price objective on Stuart Olson from C$6.50 to C$5.50 in a research note on Thursday, March 7th.

Shares of TSE:SOX opened at C$4.03 on Friday. Stuart Olson has a 52-week low of C$4.00 and a 52-week high of C$8.15. The company has a market capitalization of $113.36 million and a P/E ratio of 21.21. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 61.94.

Stuart Olson Company Profile

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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