Stella-Jones Inc. (TSE:SJ) Given Average Rating of “Buy” by Analysts

Shares of Stella-Jones Inc. (TSE:SJ) have earned a consensus rating of “Buy” from the six brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$86.83.

Several research firms have commented on SJ. Royal Bank Of Canada lowered their target price on shares of Stella-Jones from C$82.00 to C$78.00 and set a “sector perform” rating for the company in a research note on Friday, August 8th. CIBC lifted their target price on shares of Stella-Jones from C$89.00 to C$90.00 in a research note on Friday. National Bankshares lowered their target price on shares of Stella-Jones from C$93.00 to C$92.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Finally, Desjardins lifted their target price on shares of Stella-Jones from C$89.00 to C$92.00 and gave the stock a “buy” rating in a research note on Wednesday.

Stella-Jones Price Performance

SJ stock opened at C$81.28 on Friday. Stella-Jones has a 1 year low of C$62.26 and a 1 year high of C$94.74. 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 stock’s 50 day moving average price is C$78.34 and its 200 day moving average price is C$75.00. The firm has a market cap of C$4.49 billion, a P/E ratio of 13.68, a PEG ratio of 2.40 and a beta of 0.00.

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.