Brokerages Set Stella-Jones Inc. (TSE:SJ) Target Price at C$86.17

Stella-Jones Inc. (TSE:SJ) has earned an average rating of “Buy” from the six research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$86.17.

A number of equities analysts have recently commented on SJ shares. Royal Bank Of Canada raised their price target on Stella-Jones from C$75.00 to C$76.00 and gave the stock a “sector perform” rating in a report on Thursday, May 8th. TD Securities lifted their price objective on Stella-Jones from C$88.00 to C$90.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Desjardins dropped their price objective on Stella-Jones from C$98.00 to C$94.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Finally, CIBC dropped their price objective on Stella-Jones from C$86.00 to C$79.00 and set an “outperform” rating for the company in a research note on Tuesday, April 22nd.

Stella-Jones Price Performance

Stella-Jones stock opened at C$78.99 on Friday. Stella-Jones has a one year low of C$62.26 and a one year high of C$98.00. The business has a fifty day moving average price of C$74.80 and a 200-day moving average price of C$70.97. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The firm has a market capitalization of C$4.42 billion, a P/E ratio of 13.80, a PEG ratio of 2.40 and a beta of 0.64.

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.