Stella-Jones (SJ) PT Lowered to C$50.00

Stella-Jones (TSE:SJ) had its price objective reduced by CIBC from C$52.00 to C$50.00 in a research report report published on Monday morning.

SJ has been the subject of several other reports. Desjardins upgraded Stella-Jones from a hold rating to a buy rating in a report on Wednesday, August 15th. National Bank Financial set a C$53.00 price objective on Stella-Jones and gave the company an outperform rating in a report on Wednesday, July 25th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of C$52.13.

TSE:SJ opened at C$41.86 on Monday. Stella-Jones has a twelve month low of C$41.53 and a twelve month high of C$52.22.

Stella-Jones (TSE:SJ) last released its earnings results on Wednesday, August 8th. The company reported C$0.69 earnings per share for the quarter, topping the consensus estimate of C$0.67 by C$0.02. Stella-Jones had a return on equity of 15.87% and a net margin of 8.11%. The business had revenue of C$662.30 million during the quarter, compared to the consensus estimate of C$618.10 million.

Stella-Jones Company Profile

Stella-Jones Inc produces, markets, and sells 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 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, and panelized railway crossings; and construction timbers.

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Analyst Recommendations for Stella-Jones (TSE:SJ)

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