FY2016 Earnings Forecast for Stuart Olson Inc Issued By National Bank Financial (SOX)
Stuart Olson Inc (TSE:SOX) – Research analysts at National Bank Financial lowered their FY2016 EPS estimates for shares of Stuart Olson in a research report issued to clients and investors on Sunday. National Bank Financial analyst M. Sytchev now expects that the firm will earn $0.13 per share for the year, down from their previous estimate of $0.21. National Bank Financial has a “Sector Perform” rating and a $6.00 price target on the stock.
Other equities analysts also recently issued research reports about the stock. CIBC decreased their price objective on shares of Stuart Olson from C$7.00 to C$6.50 in a report on Monday. Royal Bank Of Canada reduced their price target on shares of Stuart Olson from C$6.50 to C$6.00 in a report on Thursday, August 11th. RBC Capital Markets reduced their price target on shares of Stuart Olson from C$6.50 to C$6.00 in a report on Wednesday, August 10th. Canaccord Genuity reduced their price target on shares of Stuart Olson from C$8.00 to C$7.50 and set a “buy” rating for the company in a report on Thursday, August 11th. Finally, TD Securities reduced their price target on shares of Stuart Olson from C$7.50 to C$6.50 and set a “hold” rating for the company in a report on Thursday, August 11th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Stuart Olson currently has an average rating of “Hold” and an average target price of C$6.25.
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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