Stella-Jones (TSE:SJ) Stock Price Expected to Rise, CIBC Analyst Says

Stella-Jones (TSE:SJ) had its price target raised by stock analysts at CIBC from C$89.00 to C$90.00 in a note issued to investors on Friday,BayStreet.CA reports. CIBC’s price target points to a potential upside of 10.73% from the stock’s current price.

SJ has been the topic of several other reports. National Bankshares decreased their price target on shares of Stella-Jones from C$93.00 to C$92.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Desjardins increased their price target on shares of Stella-Jones from C$89.00 to C$92.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Royal Bank Of Canada decreased their price target on shares of 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 issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$86.83.

Stella-Jones Price Performance

SJ opened at C$81.28 on Friday. Stella-Jones has a one year low of C$62.26 and a one year 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 company’s 50 day simple moving average is C$78.34 and its 200-day simple moving average is C$75.05. The stock has a market capitalization of C$4.49 billion, a P/E ratio of 13.68, a price-to-earnings-growth ratio of 2.40 and a beta of 0.00.

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.