Stella-Jones (TSE:SJ) Given New C$92.00 Price Target at Desjardins

Stella-Jones (TSE:SJ) had its price objective boosted by Desjardins from C$89.00 to C$92.00 in a research note released on Wednesday,BayStreet.CA reports. Desjardins currently has a buy rating on the stock. Desjardins also issued estimates for Stella-Jones’ FY2027 earnings at $6.62 EPS.

Several other equities research analysts also recently issued reports on the company. National Bankshares reduced their price objective 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. Royal Bank Of Canada reduced their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Stella-Jones has a consensus rating of “Buy” and an average price target of C$85.00.

Stella-Jones Trading Up 0.7%

TSE:SJ opened at C$79.95 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$94.74. The firm has a market capitalization of C$4.42 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 2.40 and a beta of 0.00. The stock has a fifty day simple moving average of C$78.32 and a 200 day simple moving average of C$74.82.

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.