Stella-Jones Inc. (TSE:SJ) Receives C$86.17 Average Price Target from Analysts

Stella-Jones Inc. (TSE:SJ - Get Free Report) has been assigned an average recommendation of "Buy" from the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$86.17.

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada upped their target price on Stella-Jones from C$75.00 to C$76.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. CIBC lowered 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. Scotiabank cut their target price on shares of Stella-Jones from C$85.00 to C$79.00 in a research report on Monday, March 3rd. TD Securities lifted their target price 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. Finally, Desjardins lowered their price target on shares of Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating on the stock in a report on Thursday, May 8th.

Stella-Jones Trading Up 0.4%

Shares of SJ traded up C$0.35 during midday trading on Friday, hitting C$78.51. The stock had a trading volume of 107,396 shares, compared to its average volume of 123,474. The business has a 50-day simple moving average of C$73.63 and a two-hundred day simple moving average of C$70.75. The firm has a market cap of C$4.39 billion, a P/E ratio of 13.71, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. 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 fifty-two week low of C$62.26 and a fifty-two week high of C$98.00.

Insider Activity

In related news, Director James Augustus Manzi sold 1,000 shares of Stella-Jones stock in a transaction dated 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 owned by company insiders.

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.