Stella-Jones Inc. (TSE:SJ) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Stella-Jones Inc. (TSE:SJ) has received an average recommendation of "Buy" from six research firms, with four analysts rating it as a buy and one as a strong buy.
• The average twelve-month price target for the stock is currently set at C$90.33, following several increases in target prices from major analysts.
• Stella-Jones operates in the lumber industry, specializing in pressure-treated wood products such as utility poles and railway ties.

Stella-Jones Inc. (TSE:SJ - Get Free Report) has been assigned an average recommendation of "Buy" from the six ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$90.33.

A number of equities research analysts have weighed in on the company. Desjardins lifted their target price on 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. National Bankshares lifted their target price on Stella-Jones from C$92.00 to C$95.00 and gave the company an "outperform" rating in a research report on Thursday, October 9th. Scotiabank lifted their target price on Stella-Jones from C$81.00 to C$88.00 in a research report on Friday, October 17th. CIBC lifted their target price on Stella-Jones from C$89.00 to C$90.00 in a research report on Friday, October 3rd. Finally, Royal Bank Of Canada lifted their target price on Stella-Jones from C$78.00 to C$87.00 and gave the company a "sector perform" rating in a research report on Wednesday, October 8th.

Stella-Jones Trading Up 0.5%

Shares of TSE SJ opened at C$80.12 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. The business has a fifty day simple moving average of C$78.99 and a two-hundred day simple moving average of C$76.16. The firm has a market cap of C$4.43 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 2.40 and a beta of -0.07. Stella-Jones has a twelve month low of C$62.26 and a twelve month high of C$88.55.

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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