Stella-Jones (TSE:SJ) Price Target Raised to C$95.00

Stella-Jones (TSE:SJ) had its price objective increased by Royal Bank Of Canada from C$89.00 to C$95.00 in a report released on Friday morning,BayStreet.CA reports.

SJ has been the topic of several other research reports. Desjardins set a C$102.00 price target on Stella-Jones and gave the company a “buy” rating in a report on Friday, December 12th. Scotiabank raised shares of Stella-Jones from a “hold” rating to an “outperform” rating and increased their target price for the company from C$88.00 to C$98.00 in a research note on Thursday, January 29th. Canadian Imperial Bank of Commerce raised their target price on shares of Stella-Jones from C$90.00 to C$100.00 in a report on Friday, February 6th. Raymond James Financial set a C$100.00 price target on shares of Stella-Jones and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, National Bank Financial increased 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 report on Monday, December 15th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$99.86.

Stella-Jones Stock Up 1.0%

Shares of TSE SJ opened at C$93.61 on Friday. The company has a current ratio of 6.85, a quick ratio of 1.20 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$101.31. The firm’s 50-day moving average price is C$91.47 and its 200-day moving average price is C$84.73. The stock has a market capitalization of C$5.14 billion, a price-to-earnings ratio of 15.32, a P/E/G ratio of 2.40 and a beta of -0.17.

Stella-Jones (TSE:SJ) last issued its quarterly earnings data on Thursday, February 26th. The company reported C$0.91 earnings per share for the quarter. Stella-Jones had a return on equity of 18.36% and a net margin of 9.43%.The company had revenue of C$727.00 million for the quarter. On average, equities research analysts anticipate that Stella-Jones will post 6.4457565 EPS for the current fiscal year.

About Stella-Jones

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.