Uni-Select (TSE:UNS) Hits New 52-Week High Following Analyst Upgrade

Shares of Uni-Select Inc. (TSE:UNSGet Rating) reached a new 52-week high during trading on Tuesday after TD Securities raised their price target on the stock from C$36.00 to C$43.00. TD Securities currently has a buy rating on the stock. Uni-Select traded as high as C$37.80 and last traded at C$37.79, with a volume of 23960 shares traded. The stock had previously closed at C$36.99.

A number of other research firms have also weighed in on UNS. Royal Bank of Canada set a C$37.00 price target on shares of Uni-Select and gave the stock a “sector perform” rating in a research report on Tuesday, July 26th. Canaccord Genuity Group began coverage on shares of Uni-Select in a research report on Tuesday, May 24th. They set a “buy” rating and a C$35.00 price target on the stock. National Bankshares boosted their price target on shares of Uni-Select from C$31.00 to C$33.50 and gave the stock an “outperform” rating in a research report on Friday, May 6th. Finally, BMO Capital Markets boosted their target price on shares of Uni-Select from C$36.00 to C$37.00 in a report on Friday, May 6th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$31.39.

Insider Buying and Selling at Uni-Select

In related news, Senior Officer Brian Mcmanus acquired 9,200 shares of the firm’s stock in a transaction dated Friday, June 10th. The shares were purchased at an average cost of C$28.00 per share, for a total transaction of C$257,600.00. Following the acquisition, the insider now owns 9,200 shares in the company, valued at approximately C$257,600. In related news, Senior Officer Mark Eburne acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, June 23rd. The shares were purchased at an average cost of C$27.54 per share, for a total transaction of C$137,700.00. Following the acquisition, the insider now owns 12,025 shares in the company, valued at approximately C$331,168.50. Also, Senior Officer Brian Mcmanus bought 9,200 shares of the business’s stock in a transaction that occurred on Friday, June 10th. The shares were acquired at an average cost of C$28.00 per share, for a total transaction of C$257,600.00. Following the completion of the purchase, the insider now owns 9,200 shares in the company, valued at C$257,600.

Uni-Select Stock Performance

The firm’s 50 day moving average is C$30.94 and its two-hundred day moving average is C$28.71. The stock has a market capitalization of C$1.59 billion and a PE ratio of 152.38. The company has a debt-to-equity ratio of 86.77, a quick ratio of 0.64 and a current ratio of 1.65.

Uni-Select (TSE:UNSGet Rating) last announced its earnings results on Thursday, May 5th. The company reported C$0.54 earnings per share for the quarter, topping the consensus estimate of C$0.30 by C$0.24. The business had revenue of C$518.85 million for the quarter, compared to analysts’ expectations of C$500.38 million. As a group, research analysts predict that Uni-Select Inc. will post 1.9800002 earnings per share for the current year.

Uni-Select Company Profile

(Get Rating)

Uni-Select Inc distributes automotive refinish, and industrial coatings and related products in North America. It operates through FinishMaster U.S., Canadian Automotive Group, and GSF Car Parts U.K. segments. The company also engages in the distribution of automotive aftermarket and original equipment manufacturer parts in Canada and the United Kingdom.

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