Stella-Jones (TSE:SJ) Price Target Raised to C$82.00 at Royal Bank Of Canada

Stella-Jones (TSE:SJ) had its price target raised by Royal Bank Of Canada from C$76.00 to C$82.00 in a report published on Monday morning,BayStreet.CA reports.

Other equities analysts also recently issued research reports about the company. TD Securities increased their price target on Stella-Jones from C$88.00 to C$90.00 and gave the company a “buy” rating in a report on Friday, May 9th. CIBC reduced 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 report on Tuesday, April 22nd. Finally, Desjardins reduced 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 report on Thursday, May 8th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$87.17.

Stella-Jones Trading Down 2.7%

Shares of SJ stock opened at C$79.87 on Monday. Stella-Jones has a 12 month low of C$62.26 and a 12 month high of C$98.00. 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$76.41 and its two-hundred day moving average is C$71.40. The company has a market cap of C$4.47 billion, a PE ratio of 13.95, a price-to-earnings-growth 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.