Stella-Jones Inc. (TSE:SJ) Receives C$86.17 Consensus Price Target from Brokerages

Stella-Jones Inc. (TSE:SJ) has been given an average rating of “Buy” by the six ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$86.17.

SJ has been the topic of several research analyst reports. TD Securities upped their target price on Stella-Jones from C$88.00 to C$90.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Royal Bank Of Canada upped their target price on Stella-Jones from C$75.00 to C$76.00 and gave the company a “sector perform” rating in a research report on Thursday, May 8th. CIBC cut their target price on Stella-Jones from C$86.00 to C$79.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. Finally, Desjardins dropped their price target on Stella-Jones from C$98.00 to C$94.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th.

Stella-Jones Trading Up 1.1%

TSE SJ opened at C$78.99 on Friday. The business’s 50-day moving average price is C$74.80 and its two-hundred day moving average price is C$70.97. Stella-Jones has a 12 month low of C$62.26 and a 12 month high of C$98.00. The firm has a market capitalization of C$4.42 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53.

About Stella-Jones

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.