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Stella-Jones Inc. (TSE:SJ) target price raised to $40.00, reported today by Scotia Capital

Boasting a price of $39.26, Stella-Jones Inc. (TSE:SJ) traded -5.24% lower on the day. With the last stock price close down -9.23% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Stella-Jones Inc. has recorded a 50-day average of $41.09 and a two hundred day average of $43.39. Volume of trade was up over the average, with 589,092 shares of SJ changing hands over the typical 167,821

Stella-Jones Inc. (TSE:SJ) had its price target upped to $40.00 by Scotia Capital in an issued report issued 3/20/2017. The bumped up target suggests a potential upside of 0.02% from the company's most recent stock price close.

On 1/16/2017, Desjardins Securities released a statement for Stella-Jones Inc. (TSE:SJ) bumped down the target price from $51.00 to $45.00 that suggested an upside of 0.14%.

See Chart Below

Stella-Jones Inc. (TSE:SJ)

Stella-Jones Inc. has a 52 week low of $37.17 and a 52 week high of $50.00 with a P/E ratio of 16.21 The company’s market cap is currently $0.

In addition to Scotia Capital reporting its target price, a total of 8 firms have issued a report on the stock. The consensus target price is $40.24 with 0 firms rating the stock a strong buy, 6 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Stella-Jones Inc. (TSE:SJ)

Stella-Jones Inc is a Canada-based company, which is a producer and marketer 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 manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products. It has treating and pole peeling facilities across Canada and the United States, and sells its products primarily in these two countries. The Company operates approximately 35 treating plants, approximately 15 pole-peeling facilities and a coal tar distillery. These facilities are located in approximately five Canadian provinces and approximately 18 American states, and are complemented by an extensive distribution network across North America.

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