Stella-Jones (SJ) PT Raised to C$48.00
Stella-Jones (TSE:SJ) had its price objective increased by Scotiabank from C$47.00 to C$48.00 in a research note issued to investors on Monday morning. The brokerage currently has a sector perform rating on the stock.
Several other analysts have also recently commented on the company. Royal Bank of Canada reiterated an outperform rating and set a C$56.00 price target on shares of Stella-Jones in a research report on Tuesday, October 17th. Acumen Capital boosted their price target on Stella-Jones from C$50.50 to C$55.00 and gave the stock a buy rating in a research report on Wednesday, November 22nd. National Bank Financial boosted their price target on Stella-Jones from C$48.00 to C$52.00 and gave the stock a sector perform rating in a research report on Tuesday, October 17th. TD Securities boosted their price target on Stella-Jones from C$48.00 to C$49.00 and gave the stock a hold rating in a research report on Friday, November 17th. Finally, Laurentian boosted their price target on Stella-Jones from C$55.00 to C$57.00 and gave the stock a buy rating in a research report on Wednesday, January 24th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Stella-Jones currently has a consensus rating of Buy and an average price target of C$53.71.
Stella-Jones (TSE:SJ) opened at C$51.79 on Monday. The firm has a market capitalization of $3,530.00, a P/E ratio of 26.56 and a beta of 0.66. Stella-Jones has a 52 week low of C$38.12 and a 52 week high of C$52.22.
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 to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, panelized railway crossings, and construction timbers.
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