National Bankshares Boosts Stella-Jones (TSE:SJ) Price Target to C$95.00

Key Points

• National Bankshares has raised the price target for Stella-Jones from C$92.00 to C$95.00, indicating a potential upside of 17.37%.
• Other research firms, including Desjardins and CIBC, have also increased their target prices, with Stella-Jones currently holding a consensus rating of "Buy".
• Stella-Jones shares traded down 0.4% to C$80.94, while the stock has a 52-week range between C$62.26 and C$94.05.

Stella-Jones (TSE:SJ - Get Free Report) had its price objective boosted by equities research analysts at National Bankshares from C$92.00 to C$95.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. National Bankshares' price target points to a potential upside of 17.37% from the company's previous close.

A number of other research firms have also recently commented on SJ. Desjardins upped their price objective on shares of Stella-Jones from C$89.00 to C$92.00 and gave the company a "buy" rating in a research report on Wednesday, October 1st. CIBC increased their target price on Stella-Jones from C$89.00 to C$90.00 in a report on Friday, October 3rd. Finally, Royal Bank Of Canada increased their target price on Stella-Jones from C$78.00 to C$87.00 and gave the stock a "sector perform" rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$88.83.

Stella-Jones Trading Down 0.4%

Shares of SJ traded down C$0.31 during trading hours on Thursday, reaching C$80.94. The stock had a trading volume of 61,757 shares, compared to its average volume of 114,090. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. Stella-Jones has a 52 week low of C$62.26 and a 52 week high of C$94.05. The firm has a 50-day moving average of C$78.42 and a 200 day moving average of C$75.28. The company has a market cap of C$4.47 billion, a P/E ratio of 13.63, a P/E/G ratio of 2.40 and a beta of -0.07.

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.

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