Stella-Jones (TSE:SJ) Price Target Raised to C$92.00

Key Points

• Desjardins has raised Stella-Jones' price target from C$89.00 to C$92.00, indicating a potential upside of 15.30% from the stock's previous close.
• Analysts have mixed views, with some lowering their price targets while others maintain buy ratings, resulting in a consensus rating of "Buy" and a consensus price target of C$85.00.
• Stella-Jones' stock performance shows a C$79.79 closing price, with a 52-week range between C$62.26 and C$94.74.

Stella-Jones (TSE:SJ - Get Free Report) had its price target lifted by Desjardins from C$89.00 to C$92.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Desjardins' target price would indicate a potential upside of 15.30% from the stock's previous close. Desjardins also issued estimates for Stella-Jones' FY2027 earnings at $6.62 EPS.

Several other research firms have also weighed in on SJ. Royal Bank Of Canada lowered their price objective on Stella-Jones from C$82.00 to C$78.00 and set a "sector perform" rating on the stock in a research note on Friday, August 8th. National Bankshares lowered their price target on Stella-Jones from C$93.00 to C$92.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Stella-Jones currently has a consensus rating of "Buy" and a consensus price target of C$85.00.

Stella-Jones Price Performance

TSE SJ traded up C$0.38 on Wednesday, reaching C$79.79. The company's stock had a trading volume of 47,193 shares, compared to its average volume of 115,259. Stella-Jones has a 52 week low of C$62.26 and a 52 week high of C$94.74. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53. The firm has a market cap of C$4.41 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 2.40 and a beta of 0.00. The business has a 50-day moving average price of C$78.34 and a 200 day moving average price of C$74.78.

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.

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