Stella-Jones (SJ) Receives a Rating Update from a Top Analyst

By Carrie Williams

In a new note to investors today, an analyst has provided a rating update for Stella-Jones (SJResearch Report). The company received a Buy rating from RBC Capital’s analyst Walter Spracklin, with a C$52 price target.

According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 18.0% and a 74.7% success rate. Spracklin covers the Services sector, focusing on stocks such as Union Pacific Corp, Canadian Railway, and Canadian Pacific.

Currently, the analyst consensus on Stella-Jones is a Moderate Buy with an average price target of C$49.

The company has a one-year high of C$48.67 and a one-year low of C$37.40. Currently, Stella-Jones has an average volume of 132.7K.

Stella-Jones, Inc. engages in the production and marketing of pressure treated wood products. It operates through the following business segments: Pressure-Treated Wood and Logs & Lumber. The Pressure-Treated Wood segment includes railway ties, utility poles, residential lumber, and industrial products.

The company’s shares closed on Friday at C$45.74.