Analysts Set Stella-Jones Inc. (TSE:SJ) PT at C$86.17

Stella-Jones Inc. (TSE:SJ) has received an average rating of “Buy” from the six brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$86.17.

A number of research firms have commented on SJ. Royal Bank of Canada increased their target price 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. Desjardins reduced their target price on Stella-Jones from C$98.00 to C$94.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. CIBC cut their price target on Stella-Jones from C$86.00 to C$79.00 and set an “outperform” rating on the stock in a report on Tuesday, April 22nd. TD Securities raised 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. Finally, Scotiabank cut their price target on Stella-Jones from C$85.00 to C$79.00 in a report on Monday, March 3rd.

Stella-Jones Trading Up 0.1%

TSE:SJ opened at C$77.21 on Monday. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. The business’s 50 day moving average is C$70.47 and its two-hundred day moving average is C$70.27. Stella-Jones has a 52 week low of C$62.26 and a 52 week high of C$98.00. The company has a market cap of C$4.32 billion, a PE ratio of 13.49, a P/E/G ratio of 2.40 and a beta of 0.64.

Insider Buying and Selling

In other Stella-Jones news, Director James Augustus Manzi sold 1,000 shares of Stella-Jones stock in a transaction on Friday, April 4th. The stock was sold at an average price of C$65.79, for a total transaction of C$65,788.60. Company insiders own 0.14% of the company’s stock.

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.