National Bankshares Increases Stella-Jones (TSE:SJ) Price Target to C$95.00

Stella-Jones (TSE:SJ) had its target price upped by research analysts at National Bankshares from C$92.00 to C$95.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 16.89% from the company’s current price.

A number of other equities research analysts have also recently commented on the company. CIBC lifted their target price on Stella-Jones from C$89.00 to C$90.00 in a research note on Friday, October 3rd. Royal Bank Of Canada lifted their price objective on Stella-Jones from C$78.00 to C$87.00 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, Desjardins lifted their price objective on Stella-Jones from C$89.00 to C$92.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Stella-Jones presently has a consensus rating of “Buy” and a consensus price target of C$88.83.

Stella-Jones Trading Up 0.1%

TSE SJ opened at C$81.27 on Thursday. The stock has a market capitalization of C$4.49 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 2.40 and a beta of -0.07. Stella-Jones has a one year low of C$62.26 and a one year high of C$94.05. 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 business’s fifty day moving average is C$78.51 and its 200-day moving average is C$75.48.

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.