Stella-Jones Inc (TSE:SJ) has been assigned a consensus rating of “Buy” from the eight analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$52.29.
Several equities research analysts recently weighed in on SJ shares. National Bank Financial set a C$53.00 price target on Stella-Jones and gave the stock an “outperform” rating in a report on Wednesday, July 25th. Desjardins raised Stella-Jones from a “hold” rating to a “buy” rating in a report on Wednesday, August 15th. Finally, CIBC decreased their price target on Stella-Jones from C$55.00 to C$53.00 in a report on Thursday, August 16th.
Shares of SJ stock traded up C$0.40 during trading hours on Friday, hitting C$42.26. The stock had a trading volume of 126,822 shares, compared to its average volume of 126,883. Stella-Jones has a twelve month low of C$41.53 and a twelve month high of C$52.22.
Stella-Jones Inc produces, markets, and sells pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, and panelized railway crossings; and construction timbers.
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