Stella-Jones Inc. (TSE:SJ) Given Consensus Rating of “Buy” by Brokerages

Shares of Stella-Jones Inc. (TSE:SJ) have received an average rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$84.50.

Several equities research analysts recently issued reports on SJ shares. Royal Bank Of Canada cut their price target on Stella-Jones from C$82.00 to C$78.00 and set a “sector perform” rating for the company in a research note on Friday, August 8th. National Bankshares cut their price target on Stella-Jones from C$93.00 to C$92.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Desjardins cut their price target on Stella-Jones from C$94.00 to C$89.00 and set a “buy” rating for the company in a research note on Friday, August 8th. CIBC cut their price target 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. Finally, TD Securities boosted their price target 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.

Stella-Jones Price Performance

Stella-Jones stock opened at C$76.84 on Friday. Stella-Jones has a 12 month low of C$62.26 and a 12 month high of C$94.74. The stock’s 50 day moving average is C$78.53 and its 200-day moving average is C$72.66. 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 company has a market capitalization of C$4.30 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 2.40 and a beta of 0.64.

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.