Stella-Jones Gets a Hold Rating from RBC Capital

By Carrie Williams

Stella-Jones (TSX: SJ), the Materials sector company, was revisited by a Wall Street analyst yesterday. The company received a Hold rating from RBC Capital’s analyst Deane Dray, with a C$45 price target.

According to TipRanks.com, Dray is a 4-star analyst with an average return of 5.7% and a 61.9% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Emerson Electric Company, and United Technologies Corp.

Stella-Jones has an analyst consensus of Hold, with a price target consensus of C$46.80.

The company has a one year high of C$49.72 and a one year low of C$37.17. Currently, Stella-Jones has an average volume of 163.2K.

Stella-Jones, Inc. engages in the production and marketing of pressure treated wood products. The company supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. 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. Stella-Jones was founded on October 26, 1992 and is headquartered in Montréal, Canada.

The company’s shares closed last Tuesday at $44.96.