Stella-Jones (TSE:SJ) has been assigned a C$43.50 price objective by equities research analysts at National Bank Financial in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 13.28% from the company’s previous close. National Bank Financial also issued estimates for Stella-Jones’ Q3 2019 earnings at $0.77 EPS, Q4 2019 earnings at $0.46 EPS, FY2019 earnings at $2.34 EPS and FY2020 earnings at $2.61 EPS.
SJ has been the topic of several other reports. Desjardins boosted their price target on Stella-Jones from C$50.00 to C$54.00 in a research note on Friday, May 3rd. CIBC lowered their price target on Stella-Jones from C$53.00 to C$49.00 in a research note on Friday, August 9th. Royal Bank of Canada lowered their price target on Stella-Jones from C$52.00 to C$51.00 in a research note on Thursday, August 8th. Finally, TD Securities lowered their price target on Stella-Jones from C$54.00 to C$48.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th.
Shares of TSE SJ traded up C$0.01 during trading hours on Wednesday, hitting C$38.40. 9,484 shares of the company’s stock were exchanged, compared to its average volume of 145,625. Stella-Jones has a 1-year low of C$37.40 and a 1-year high of C$48.28. The company has a debt-to-equity ratio of 56.79, a current ratio of 6.21 and a quick ratio of 1.76. The stock has a market capitalization of $2.65 billion and a price-to-earnings ratio of 18.06. The company’s 50-day moving average price is C$42.09 and its 200-day moving average price is C$43.86.
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 for outdoor applications; industrial products, including bridge timbers, foundation and marine pilings; and construction timbers.
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