Stella-Jones (TSE:SJ) Price Target Increased to C$62.00 by Analysts at TD Securities


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Stella-Jones (TSE:SJ) had its target price hoisted by equities research analysts at TD Securities to C$62.00 in a note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 19.09% from the company’s current price.

Several other analysts also recently issued reports on the company. Royal Bank of Canada restated an “outperform” rating and set a C$56.00 price objective on shares of Stella-Jones in a report on Tuesday. Laurentian boosted their price objective on Stella-Jones from C$52.00 to C$56.50 in a report on Thursday, March 11th. Scotiabank boosted their price objective on Stella-Jones from C$53.00 to C$54.00 in a report on Wednesday, March 3rd. National Bank Financial upped their target price on Stella-Jones from C$47.50 to C$51.50 and gave the company a “na” rating in a report on Thursday, March 11th. Finally, CIBC reiterated an “outperform” rating and issued a C$60.00 target price on shares of Stella-Jones in a report on Monday. Three research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of C$56.94.

TSE SJ traded down C$0.45 on Tuesday, reaching C$52.06. The company’s stock had a trading volume of 95,330 shares, compared to its average volume of 135,284. Stella-Jones has a twelve month low of C$30.38 and a twelve month high of C$54.09. The company has a debt-to-equity ratio of 54.41, a quick ratio of 0.95 and a current ratio of 6.05. The stock has a market cap of C$3.40 billion and a PE ratio of 16.67. The firm’s 50 day moving average is C$51.15 and its two-hundred day moving average is C$47.25.

Stella-Jones (TSE:SJ) last posted its quarterly earnings data on Wednesday, March 10th. The company reported C$0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.42 by C$0.10. The company had revenue of C$533.00 million for the quarter, compared to analyst estimates of C$464.00 million. Equities research analysts anticipate that Stella-Jones will post 3.3800003 EPS for the current fiscal year.

Stella-Jones Company Profile

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 and accessories to retailers for outdoor applications; industrial products, including pilings, wharf and bridge timbers, crane mats, railway crossings, and laminated poles; construction timbers; and coal tar-based products.

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