Stella-Jones (TSE:SJ) Price Target Raised to C$82.00

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 note released on Monday morning,BayStreet.CA reports.

Other analysts have also recently issued reports about the company. TD Securities lifted their price target on Stella-Jones from C$88.00 to C$90.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Desjardins dropped their price target on Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, CIBC dropped their price target on 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. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of C$84.80.

Stella-Jones Stock Performance

Shares of SJ traded up C$1.80 during mid-day trading on Monday, reaching C$81.12. The company's stock had a trading volume of 66,343 shares, compared to its average volume of 119,278. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$98.00. The stock has a market cap of C$4.54 billion, a P/E ratio of 14.17, a PEG ratio of 2.40 and a beta of 0.64. The business has a 50-day simple moving average of C$77.08 and a two-hundred day simple moving average of C$71.57. 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 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.