Stuart Olson (SOX) Price Target Lowered to C$8.00 at CIBC

Stuart Olson (TSE:SOX) had its price target decreased by CIBC from C$8.50 to C$8.00 in a note issued to investors on Monday. CIBC’s target price indicates a potential upside of 22.51% from the stock’s previous close.

Separately, Raymond James increased their target price on shares of Stuart Olson from C$8.00 to C$9.00 and gave the company an “outperform” rating in a research report on Thursday, June 28th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of C$8.00.

TSE:SOX opened at C$6.53 on Monday. Stuart Olson has a fifty-two week low of C$5.06 and a fifty-two week high of C$8.39.

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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