Analysts Set Stella-Jones Inc. (TSE:SJ) Price Target at C$86.17

Shares of Stella-Jones Inc. (TSE:SJ) have been assigned an average recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$86.17.

Several research firms have issued reports on SJ. Scotiabank decreased their price objective on shares of Stella-Jones from C$85.00 to C$79.00 in a report on Monday, March 3rd. Royal Bank of Canada increased their price objective on shares of Stella-Jones from C$75.00 to C$76.00 and gave the company a “sector perform” rating in a report on Thursday, May 8th. CIBC decreased their price objective on shares of Stella-Jones from C$86.00 to C$79.00 and set an “outperform” rating on the stock in a report on Tuesday, April 22nd. Desjardins decreased their price objective on shares of Stella-Jones from C$98.00 to C$94.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. Finally, TD Securities increased their price objective on shares of Stella-Jones from C$88.00 to C$90.00 and gave the company a “buy” rating in a report on Friday, May 9th.

Insider Transactions at Stella-Jones

In other Stella-Jones news, Director James Augustus Manzi sold 1,000 shares of Stella-Jones stock in a transaction dated Friday, April 4th. The shares were sold at an average price of C$65.79, for a total transaction of C$65,788.60. Insiders own 0.14% of the company’s stock.

Stella-Jones Stock Up 0.1%

SJ stock opened at C$77.21 on Monday. The firm has a market cap of C$4.32 billion, a PE ratio of 13.49, a P/E/G ratio of 2.40 and a beta of 0.64. The company has a debt-to-equity ratio of 87.53, a quick ratio of 1.20 and a current ratio of 6.85. The firm’s fifty day moving average is C$70.47 and its 200 day moving average is C$70.26. Stella-Jones has a one year low of C$62.26 and a one year high of C$98.00.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.