Desjardins Forecasts Strong Price Appreciation for Stella-Jones (TSE:SJ) Stock

Stella-Jones (TSE:SJ) had its price target hoisted by investment analysts at Desjardins from C$89.00 to C$92.00 in a research note issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective would indicate a potential upside of 13.02% from the stock’s current price. Desjardins also issued estimates for Stella-Jones’ FY2026 earnings at $6.21 EPS and FY2027 earnings at $6.62 EPS.

Several other equities research analysts also recently weighed in on the company. National Bankshares cut their price target on Stella-Jones from C$93.00 to C$92.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Royal Bank Of Canada lowered their target price on Stella-Jones from C$82.00 to C$78.00 and set a “sector perform” rating on the stock in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$85.00.

Stella-Jones Stock Up 1.8%

SJ stock opened at C$81.40 on Wednesday. The company has a market capitalization of C$4.50 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 2.40 and a beta of 0.00. Stella-Jones has a 12 month low of C$62.26 and a 12 month high of C$94.74. The firm’s fifty day simple moving average is C$78.33 and its 200-day simple moving average is C$74.91. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20.

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.