Stella-Jones (TSE:SJ) Price Target Lowered to C$78.00 at Royal Bank Of Canada

Key Points

• Royal Bank of Canada has reduced its price target for Stella-Jones from C$82.00 to C$78.00, maintaining a "sector perform" rating on the stock.
• Other analysts have also adjusted their ratings, with CIBC lowering their target to C$79.00 and TD Securities increasing theirs to C$90.00, reflecting varied perspectives on the stock's performance.
• Stella-Jones shares showed a slight rise on Friday, trading at C$77.45 with a market capitalization of C$4.33 billion and an average rating of "Buy" with a target price average of C$84.50.

Stella-Jones (TSE:SJ - Get Free Report) had its target price decreased by research analysts at Royal Bank Of Canada from C$82.00 to C$78.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Royal Bank Of Canada's price objective would suggest a potential upside of 2.15% from the stock's current price.

SJ has been the subject of several other reports. CIBC decreased their price target on shares of Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. TD Securities raised their price target on shares of Stella-Jones from C$88.00 to C$90.00 and gave the stock a "buy" rating in a report on Friday, May 9th. National Bankshares decreased their price target on shares of Stella-Jones from C$93.00 to C$92.00 and set an "outperform" rating for the company in a report on Friday. Finally, Desjardins decreased their price target on shares of Stella-Jones from C$94.00 to C$89.00 and set a "buy" rating for the company in a report on Friday. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Stella-Jones presently has an average rating of "Buy" and an average target price of C$84.50.

Stella-Jones Stock Up 0.1%

Shares of SJ stock traded up C$0.08 during trading on Friday, hitting C$76.36. 29,338 shares of the company were exchanged, compared to its average volume of 119,716. The company has a debt-to-equity ratio of 87.53, a quick ratio of 1.20 and a current ratio of 6.85. The firm has a market capitalization of C$4.27 billion, a price-to-earnings ratio of 13.34, a P/E/G ratio of 2.40 and a beta of 0.64. The business's 50-day simple moving average is C$78.52 and its 200 day simple moving average is C$72.63. Stella-Jones has a twelve month low of C$62.26 and a twelve month high of C$94.74.

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.