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

Shares of Stella-Jones Inc. (TSE:SJ) have been given a consensus recommendation of “Moderate Buy” by the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$98.71.

A number of equities research analysts have recently issued reports on SJ shares. Scotiabank upgraded Stella-Jones from a “hold” rating to an “outperform” rating and upped their price objective for the stock from C$88.00 to C$98.00 in a research note on Thursday, January 29th. Desjardins set a C$102.00 price target on shares of Stella-Jones and gave the stock a “buy” rating in a research report on Friday, December 12th. TD Securities increased their price target on shares of Stella-Jones from C$90.00 to C$97.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. National Bank Financial boosted their price objective on shares of Stella-Jones from C$95.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Monday, December 15th. Finally, Raymond James Financial set a C$100.00 target price on shares of Stella-Jones and gave the company an “outperform” rating in a report on Thursday, November 20th.

Stella-Jones Price Performance

TSE:SJ opened at C$94.60 on Tuesday. Stella-Jones has a 52-week low of C$62.26 and a 52-week high of C$101.31. The company has a market cap of C$5.19 billion, a P/E ratio of 15.48, a P/E/G ratio of 2.40 and a beta of -0.17. The company has a debt-to-equity ratio of 87.53, a quick ratio of 1.20 and a current ratio of 6.85. The stock’s 50-day simple moving average is C$90.82 and its 200 day simple moving average is C$84.25.

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. The vast majority of its revenue comes from the Pressure-treated wood segment.