Stella-Jones Inc. (TSE:SJ) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Stella-Jones Inc. (TSE:SJ) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$88.50.

SJ has been the topic of a number of recent research reports. Royal Bank of Canada lowered their price objective on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. Scotiabank lowered their price target on shares of Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. CIBC raised shares of Stella-Jones from a “neutral” rating to an “outperform” rating and upped their price objective for the company from C$83.00 to C$86.00 in a report on Wednesday, January 15th. TD Securities reduced their target price on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Finally, Cibc World Mkts upgraded shares of Stella-Jones from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th.

Stella-Jones Trading Down 1.0 %

Shares of Stella-Jones stock opened at C$69.39 on Friday. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The stock’s 50 day simple moving average is C$70.55 and its 200-day simple moving average is C$79.85. The stock has a market cap of C$3.88 billion, a P/E ratio of 12.12, a P/E/G ratio of 2.40 and a beta of 0.64. Stella-Jones has a 1-year low of C$65.13 and a 1-year high of C$98.00.

Insider Activity at Stella-Jones

In other news, Director Patrick Kirkham purchased 2,035 shares of the stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of C$70.36 per share, for a total transaction of C$143,179.34. 0.14% of the stock is owned by insiders.

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.