Stella-Jones Inc (SJ) Given Average Rating of “Buy” by Brokerages
Shares of Stella-Jones Inc (TSE:SJ) have received a consensus recommendation of “Buy” from the seven research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$53.50.
A number of equities research analysts have commented on the company. National Bank Financial upgraded Stella-Jones from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$52.00 to C$55.00 in a report on Thursday, January 25th. Desjardins increased their target price on Stella-Jones from C$49.00 to C$54.00 in a report on Thursday, January 25th. TD Securities increased their target price on Stella-Jones from C$49.00 to C$51.00 and gave the company a “hold” rating in a report on Wednesday, January 24th. Laurentian increased their target price on Stella-Jones from C$55.00 to C$57.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Finally, Scotiabank increased their target price on Stella-Jones from C$45.00 to C$47.00 and gave the company a “sector perform” rating in a report on Monday, November 6th.
Shares of Stella-Jones (TSE:SJ) traded up C$0.18 during trading hours on Tuesday, reaching C$47.62. The company’s stock had a trading volume of 165,804 shares, compared to its average volume of 119,372. The firm has a market cap of $3,300.00, a PE ratio of 24.42 and a beta of 0.69. Stella-Jones has a 52-week low of C$38.12 and a 52-week high of C$52.22.
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Stella-Jones Inc is a Canada-based company, which is a producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. It manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products.
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