Stella-Jones (TSE:SJ) Stock Price Target Cut by Raymond James Financial

Stella-Jones (TSE:SJ – Get Free Report) had its price objective dropped by analysts at Raymond James Financial from C$83.00 to C$80.00 in a research note issued on Thursday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial‘s price target would suggest a potential upside of 21.49% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada decreased their price target on shares of Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Desjardins dropped their price objective on shares of Stella-Jones from C$99.00 to C$77.00 and set a “buy” rating for the company in a report on Thursday. National Bank Financial cut their target price on shares of Stella-Jones from C$92.00 to C$80.00 and set a “sector perform” rating for the company in a research report on Thursday. Scotiabank cut their target price on shares of Stella-Jones from C$79.00 to C$76.00 and set a “sector outperform” rating for the company in a research report on Thursday. Finally, Canadian Imperial Bank of Commerce lowered their price target on Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$81.62.

Check Out Our Latest Analysis on Stella-Jones

Stella-Jones Price Performance

Shares of TSE SJ traded up C$0.84 during midday trading on Thursday, hitting C$65.85. 197,386 shares of the company’s stock were exchanged, compared to its average volume of 172,112. The company has a current ratio of 4.86, a quick ratio of 1.20 and a debt-to-equity ratio of 70.31. The business’s fifty day moving average price is C$67.10 and its two-hundred day moving average price is C$79.86. The company has a market cap of C$3.59 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 2.40 and a beta of 0.06. Stella-Jones has a 12-month low of C$58.37 and a 12-month high of C$101.31.

Stella-Jones (TSE:SJ – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported C$1.39 earnings per share for the quarter. The business had revenue of C$979.00 million for the quarter. Stella-Jones had a net margin of 6.27% and a return on equity of 10.40%. As a group, research analysts forecast that Stella-Jones will post 6.45 EPS for the current fiscal year.

Trending Headlines about Stella-Jones

Here are the key news stories impacting Stella-Jones this week:

Stella-Jones Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Stella-Jones (TSE:SJ)

Receive News & Ratings for Stella-Jones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stella-Jones and related companies with MarketBeat.com's FREE daily email newsletter.