Stella-Jones (OTCMKTS:STLJF) Price Target Raised to $62.00


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Stella-Jones (OTCMKTS:STLJF) had its target price hoisted by analysts at TD Securities from $59.00 to $62.00 in a report issued on Tuesday, The Fly reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 40.88% from the company’s current price.

Several other equities research analysts also recently commented on STLJF. Scotiabank upped their price objective on shares of Stella-Jones from $53.00 to $54.00 and gave the company a “sector perform” rating in a report on Wednesday, March 3rd. CIBC upped their price objective on shares of Stella-Jones from $57.00 to $60.00 and gave the company an “outperform” rating in a report on Tuesday, April 13th. Desjardins upped their price objective on shares of Stella-Jones from $55.00 to $61.00 and gave the company a “buy” rating in a report on Friday, March 12th. Maxim Group upped their price objective on shares of Stella-Jones from $42.00 to $47.50 and gave the company a “sector perform” rating in a report on Friday, January 8th. Finally, Royal Bank of Canada upped their price objective on shares of Stella-Jones from $53.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, March 11th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $54.79.

STLJF traded up $2.16 during trading on Tuesday, hitting $44.01. 201 shares of the company traded hands, compared to its average volume of 283. The stock’s fifty day moving average is $40.45 and its 200 day moving average is $36.88. Stella-Jones has a one year low of $22.12 and a one year high of $44.01.

Stella-Jones Company Profile

Stella-Jones Inc produces and markets pressure-treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers for outdoor applications; industrial products, including pilings, wharf and bridge timbers, crane mats, railway crossings, and laminated poles; construction timbers; and coal tar-based products.

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The Fly

Analyst Recommendations for Stella-Jones (OTCMKTS:STLJF)

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