Stock Analysis:Stella-Jones Inc (TSE:SJ) Target Change
In a recent report issued to investors and clients by RBC Capital Markets on 14 December, Stella-Jones Inc (TSE:SJ) had its PT raised to $57.00. The firm currently has a solid Sector Perform rating on shares.
From a total of 7 analysts covering Stella-Jones Inc (TSE:SJ) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is $40.72 while the lowest target price is $34.9. The mean of all analyst targets is $37.6 with a 1.25% above today’s ($50.35) stock price. Stella-Jones Inc was the topic of 7 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc. Acumen Capital maintained shares on August 10 with “Buy” rating.
Approximately 27,182 shares of stock traded hands. Stella-Jones Inc. (TSE:SJ) has risen 15.63% since May 11, 2015 and is uptrending. It has outperformed by 20.05% the S&P500.
Stella-Jones Inc. is a Canada-based producer and marketer of pressure treated wood products. The company has a market cap of $3.48 billion. The Firm supplies North America’s railroad operators with railway ties and timbers, and electrical utilities and telecommunication companies with utility poles. It has 26.52 P/E ratio. It also provides residential lumber and customized services to retailers and wholesalers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal-tar based products.