Stella-Jones Inc. (TSE:SJ) Receives Consensus Rating of “Buy” from Analysts

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

A number of analysts have recently weighed in on SJ shares. TD Securities upped their target price on Stella-Jones from C$88.00 to C$90.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Royal Bank Of Canada decreased their price target on Stella-Jones from C$82.00 to C$78.00 and set a “sector perform” rating on the stock in a research report on Friday, August 8th. National Bankshares decreased 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. Finally, Desjardins decreased their price target on Stella-Jones from C$94.00 to C$89.00 and set a “buy” rating on the stock in a research report on Friday, August 8th.

Stella-Jones Stock Up 1.2%

SJ stock opened at C$78.22 on Tuesday. The business has a 50-day moving average of C$78.76 and a 200-day moving average of C$73.41. Stella-Jones has a fifty-two week low of C$62.26 and a fifty-two week high of C$94.74. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The stock has a market capitalization of C$4.32 billion, a P/E ratio of 13.17, a P/E/G ratio of 2.40 and a beta of 0.01.

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.