Stella-Jones (TSE:SJ) Given New C$82.00 Price Target at Royal Bank Of Canada

Stella-Jones (TSE:SJ - Free Report) had its target price upped by Royal Bank Of Canada from C$76.00 to C$82.00 in a research report report published on Monday morning,BayStreet.CA reports.

A number of other brokerages have also recently commented on SJ. TD Securities upped 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 report on Friday, May 9th. Desjardins cut 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 research report on Thursday, May 8th. Finally, CIBC cut their price target 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. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of C$87.17.

Stella-Jones Trading Down 0.4%

Shares of Stella-Jones stock traded down C$0.29 during trading on Monday, hitting C$79.32. The company's stock had a trading volume of 35,728 shares, compared to its average volume of 119,667. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. Stella-Jones has a 52 week low of C$62.26 and a 52 week high of C$98.00. The stock has a market cap of C$4.44 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The stock has a 50-day moving average price of C$77.08 and a two-hundred day moving average price of C$71.57.

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.