Stella-Jones (TSE:SJ) had its price objective trimmed by CIBC from C$53.00 to C$49.00 in a research note published on Friday morning, BayStreet.CA reports.
Other analysts also recently issued reports about the stock. Desjardins upped their price objective on shares of Stella-Jones from C$50.00 to C$54.00 in a report on Friday, May 3rd. Royal Bank of Canada dropped their price objective on shares of Stella-Jones from C$52.00 to C$51.00 in a report on Thursday, August 8th. Finally, TD Securities dropped their price objective on shares of Stella-Jones from C$54.00 to C$48.00 and set a buy rating on the stock in a report on Thursday, August 8th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of C$50.50.
SJ stock opened at C$38.93 on Friday. The company has a fifty day simple moving average of C$43.82. The stock has a market cap of $2.70 billion and a P/E ratio of 18.73. The company has a debt-to-equity ratio of 56.12, a current ratio of 5.90 and a quick ratio of 1.24. Stella-Jones has a 12 month low of C$37.40 and a 12 month high of C$48.28.
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 for outdoor applications; industrial products, including bridge timbers, foundation and marine pilings; and construction timbers.
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