Stella-Jones Inc. (TSE:SJ) Receives C$88.50 Consensus Target Price from Analysts

Stella-Jones Inc. (TSE:SJ) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. Two analysts have 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 target price among analysts that have issued a report on the stock in the last year is C$88.50.

A number of equities analysts recently issued reports on the company. Scotiabank decreased their target price on Stella-Jones from C$95.00 to C$85.00 in a report on Thursday, November 7th. Royal Bank of Canada reduced their price objective on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. CIBC raised Stella-Jones from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from C$83.00 to C$86.00 in a research report on Wednesday, January 15th. Cibc World Mkts upgraded Stella-Jones from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. Finally, TD Securities dropped their price objective on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th.

Stella-Jones Stock Performance

Shares of TSE SJ opened at C$70.29 on Friday. 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 stock has a market capitalization of C$3.93 billion, a price-to-earnings ratio of 12.28, a PEG ratio of 2.40 and a beta of 0.64. The stock’s fifty day simple moving average is C$70.42 and its 200 day simple moving average is C$79.42. Stella-Jones has a 52-week low of C$65.13 and a 52-week high of C$98.00.

Insider Activity at Stella-Jones

In related news, Director Patrick Kirkham acquired 2,035 shares of the firm’s stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of C$70.36 per share, with a total value of C$143,179.34. Corporate insiders own 0.14% of the company’s stock.

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.