Stella-Jones Inc. (TSE:SJ) Given Average Rating of "Buy" by Brokerages

Stella-Jones Inc. (TSE:SJ - Get Free Report) has received a consensus recommendation of "Buy" from the six analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$86.17.

SJ has been the subject of several research analyst reports. CIBC dropped their price target on Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. Royal Bank of Canada upped their target price on Stella-Jones from C$75.00 to C$76.00 and gave the stock a "sector perform" rating in a research report on Thursday, May 8th. Scotiabank decreased their target price on Stella-Jones from C$85.00 to C$79.00 in a research report on Monday, March 3rd. Desjardins decreased their target price on Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, TD Securities upped their target price on Stella-Jones from C$88.00 to C$90.00 and gave the stock a "buy" rating in a research report on Friday, May 9th.

Stella-Jones Price Performance

SJ traded up C$1.00 during trading on Monday, reaching C$77.14. 89,563 shares of the stock were exchanged, compared to its average volume of 128,177. The business's 50 day moving average price is C$70.29 and its two-hundred day moving average price is C$70.21. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The company has a market capitalization of C$4.32 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 2.40 and a beta of 0.64. Stella-Jones has a 1 year low of C$62.26 and a 1 year high of C$98.00.

Insiders Place Their Bets

In other Stella-Jones news, Director James Augustus Manzi sold 1,000 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of C$65.79, for a total transaction of C$65,788.60. 0.14% of the stock is currently owned by company insiders.

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.