Stella-Jones Inc. (TSE:SJ) Given Average Rating of “Moderate Buy” by Analysts

Shares of Stella-Jones Inc. (TSE:SJ) have received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$90.17.

SJ has been the topic of several recent analyst reports. CIBC lowered shares of Stella-Jones from an “outperform” rating to a “neutral” rating and set a C$89.00 target price on the stock. in a report on Wednesday, October 22nd. Desjardins boosted their target price on shares of Stella-Jones from C$89.00 to C$92.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Royal Bank Of Canada boosted their target price on shares of Stella-Jones from C$78.00 to C$87.00 and gave the company a “sector perform” rating in a report on Wednesday, October 8th. National Bankshares boosted their target price on shares of Stella-Jones from C$92.00 to C$95.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Finally, Scotiabank boosted their target price on shares of Stella-Jones from C$81.00 to C$88.00 in a report on Friday, October 17th.

Stella-Jones Price Performance

SJ stock opened at C$78.46 on Wednesday. The firm has a market cap of C$4.33 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 2.40 and a beta of -0.07. 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 12-month low of C$62.26 and a 12-month high of C$88.55. The company’s fifty day simple moving average is C$79.03 and its 200 day simple moving average is C$76.55.

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.