Stella-Jones Inc. (TSE:SJ – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$90.00.
Several research firms have recently commented on SJ. Canadian Imperial Bank of Commerce lowered their price target on shares of Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Desjardins cut their price objective on shares of Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. National Bank Financial reduced their target price on shares of Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a research note on Friday, August 7th. Raymond James Financial decreased their target price on shares of Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. Finally, Royal Bank Of Canada dropped their price target on shares of Stella-Jones from C$82.00 to C$79.00 and set a “sector perform” rating on the stock in a research note on Friday, August 7th.
View Our Latest Stock Analysis on SJ
Stella-Jones Price Performance
Stella-Jones (TSE:SJ – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. The firm had revenue of C$1.04 billion for the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%. On average, research analysts forecast that Stella-Jones will post 6.4457565 earnings per share for the current year.
About Stella-Jones
Stella-Jones Inc (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.
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