Stella-Jones Inc. (TSE:SJ) Receives C$84.50 Consensus Target Price from Brokerages

Key Points

• Stella-Jones Inc. has received a consensus rating of "Buy" from six brokerages, with an average twelve-month price target of C$84.50.
• Recent price target adjustments include TD Securities raising their target to C$90.00 and Royal Bank of Canada lowering theirs to C$78.00, reflecting mixed analyst sentiment.
• As of the latest trading session, Stella-Jones stock is up 1.2% and currently valued at C$78.22.

Shares of Stella-Jones Inc. (TSE:SJ - Get Free Report) have been given an average recommendation of "Buy" by the six brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$84.50.

SJ has been the subject of several analyst reports. Royal Bank Of Canada lowered their price objective on Stella-Jones from C$82.00 to C$78.00 and set a "sector perform" rating for the company in a research report on Friday, August 8th. Desjardins lowered their price target on Stella-Jones from C$94.00 to C$89.00 and set a "buy" rating for the company in a research report on Friday, August 8th. TD Securities lifted their target price on Stella-Jones from C$88.00 to C$90.00 and gave the company a "buy" rating in a report on Friday, May 9th. Finally, National Bankshares decreased their price target on Stella-Jones from C$93.00 to C$92.00 and set an "outperform" rating for the company in a report on Friday, August 8th.

Stella-Jones Stock Performance

Shares of SJ traded up C$1.37 during mid-day trading on Tuesday, reaching C$80.18. The company had a trading volume of 133,449 shares, compared to its average volume of 116,948. Stella-Jones has a 52-week low of C$62.26 and a 52-week high of C$94.74. 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 stock has a market capitalization of C$4.43 billion, a P/E ratio of 13.50, a PEG ratio of 2.40 and a beta of 0.00. The stock has a 50 day moving average of C$78.81 and a two-hundred day moving average of C$73.60.

About Stella-Jones

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.