Uni Select (TSE:UNS) Price Target Raised to C$12.00

Uni Select (TSE:UNS) had its target price boosted by BMO Capital Markets from C$10.00 to C$12.00 in a report published on Friday, BayStreet.CA reports.

Several other equities research analysts have also issued reports on the stock. National Bank Financial increased their price objective on shares of Uni Select from C$5.00 to C$8.00 and gave the stock a sector perform rating in a research report on Thursday, July 2nd. TD Securities upgraded Uni Select from a hold rating to a buy rating and increased their price target for the company from C$4.50 to C$9.50 in a report on Wednesday, June 24th. Laurentian set a C$12.00 price objective on Uni Select and gave the stock a buy rating in a research note on Thursday, July 2nd. Finally, Laurentian Bank of Canada reaffirmed a buy rating and issued a C$12.00 target price on shares of Uni Select in a research report on Thursday, July 2nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of C$10.80.

Shares of Uni Select stock traded down C$0.20 during trading hours on Friday, reaching C$7.66. The stock had a trading volume of 68,983 shares, compared to its average volume of 157,871. The firm has a market capitalization of $324.68 million and a price-to-earnings ratio of -12.77. Uni Select has a 1 year low of C$2.90 and a 1 year high of C$13.37. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 119.76. The firm has a 50 day simple moving average of C$7.33 and a two-hundred day simple moving average of C$7.93.

Uni Select (TSE:UNS) last posted its earnings results on Thursday, May 14th. The company reported C($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.01 by C($0.14). The company had revenue of C$547.29 million for the quarter, compared to analysts’ expectations of C$556.77 million. Sell-side analysts forecast that Uni Select will post 0.4 EPS for the current year.

About Uni Select

Uni-Select Inc distributes automotive refinish, and industrial paint and related products in the United States, Canada, and the United Kingdom. It operates through FinishMaster US, Canadian Automotive Group, and The Parts Alliance UK segments. The company also distributes automotive original equipment manufacturer and aftermarket parts.

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