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

Key Points

• Stella-Jones Inc. has received a consensus rating of "Buy" from six analysts, with one holding a hold recommendation, four rating it buy, and one giving a strong buy rating.
• The average price target for Stella-Jones shares is approximately C$84.50, with various analyst adjustments, including TD Securities raising their target to C$90.00.
• Stella-Jones' stock rose 4.4% on Friday to reach C$77.77, demonstrating significant trading activity with 383,064 shares exchanged during the session.

Shares of Stella-Jones Inc. (TSE:SJ - Get Free Report) have received an average recommendation of "Buy" from the six analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$84.50.

A number of analysts have commented on SJ shares. TD Securities increased their price target on shares of Stella-Jones from C$88.00 to C$90.00 and gave the company a "buy" rating in a research note on Friday, May 9th. National Bankshares dropped their price objective on shares of Stella-Jones from C$93.00 to C$92.00 and set an "outperform" rating on the stock in a research report on Friday. CIBC dropped their price objective on shares of Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Royal Bank Of Canada dropped their price objective on shares of Stella-Jones from C$82.00 to C$78.00 and set a "sector perform" rating on the stock in a research report on Friday. Finally, Desjardins dropped their price objective on shares of Stella-Jones from C$94.00 to C$89.00 and set a "buy" rating on the stock in a research report on Friday.

Stella-Jones Stock Up 4.4%

Shares of SJ stock traded up C$3.27 during trading hours on Friday, hitting C$77.77. 383,064 shares of the company were exchanged, compared to its average volume of 119,184. The business has a 50 day moving average of C$78.53 and a two-hundred day moving average of C$72.58. The company has a current ratio of 6.85, a quick ratio of 1.20 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$94.74. The company has a market capitalization of C$4.35 billion, a PE ratio of 13.58, a PEG ratio of 2.40 and a beta of 0.64.

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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