Stella-Jones Inc (SJ) Receives Average Rating of “Hold” from Brokerages
Shares of Stella-Jones Inc (TSE:SJ) have earned an average rating of “Hold” from the eight analysts that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$45.86.
A number of brokerages have recently commented on SJ. Scotiabank boosted their target price on shares of Stella-Jones from C$41.00 to C$45.00 and gave the company a “sector perform” rating in a report on Thursday, August 10th. National Bank Financial lifted their price target on Stella-Jones from C$42.00 to C$48.00 in a research report on Thursday, August 10th. Finally, TD Securities lifted their price target on Stella-Jones from C$44.00 to C$48.00 and gave the stock a “hold” rating in a research report on Thursday, August 10th.
Stella-Jones (TSE SJ) opened at 48.09 on Friday. Stella-Jones has a 52-week low of $37.17 and a 52-week high of $49.41. The firm has a market cap of $3.33 billion and a P/E ratio of 24.05. The company’s 50 day moving average is $45.36 and its 200-day moving average is $43.30.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 1st will be issued a dividend of $0.11 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.44 annualized dividend and a yield of 0.91%.
Stella-Jones Company Profile
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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