Stella-Jones Inc. (TSE:SJ) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Stella-Jones Inc. (TSE:SJ) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$95.50.

SJ has been the subject of a number of recent research reports. Scotiabank upped their target price on Stella-Jones from C$86.00 to C$88.00 in a research note on Thursday, May 9th. CIBC raised their price objective on shares of Stella-Jones from C$94.00 to C$97.00 in a report on Thursday, August 8th. TD Securities upped their target price on shares of Stella-Jones from C$98.00 to C$103.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. National Bankshares raised their price target on shares of Stella-Jones from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 16th. Finally, Royal Bank of Canada lowered Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 price objective on the stock. in a research note on Monday, July 8th.

Stella-Jones Stock Performance

Shares of TSE SJ opened at C$89.54 on Friday. Stella-Jones has a 12 month low of C$61.85 and a 12 month high of C$98.00. The company has a market cap of C$5.05 billion, a P/E ratio of 14.47, a P/E/G ratio of 2.40 and a beta of 0.64. The business’s 50 day moving average is C$90.73 and its two-hundred day moving average is C$83.76. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08.

Insider Activity at Stella-Jones

In related news, Director James Augustus Manzi sold 5,000 shares of the company’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of C$61.93, for a total value of C$309,661.50. 0.14% of the stock is currently owned by company insiders.

About Stella-Jones

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.