Stella-Jones Inc. (TSE:SJ)‘s stock had its “buy” rating reissued by GMP Securities in a report issued on Wednesday.

Other research analysts have also recently issued reports about the company. Desjardins raised Stella-Jones from a “hold” rating to a “buy” rating in a research note on Monday, September 19th. TD Securities decreased their target price on Stella-Jones from C$59.00 to C$56.00 and set a “buy” rating for the company in a research note on Thursday, August 11th. Royal Bank Of Canada reissued an “outperform” rating and issued a C$56.00 target price on shares of Stella-Jones in a research note on Wednesday, July 20th. Finally, Scotiabank reissued a “sector perform” rating and issued a C$53.00 target price on shares of Stella-Jones in a research note on Thursday, August 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of C$54.58.

Analyst Recommendations for Stella-Jones (TSE:SJ)

Shares of Stella-Jones (TSE:SJ) traded up 2.75% on Wednesday, hitting $46.35. The stock had a trading volume of 130,914 shares. The stock has a market capitalization of $3.21 billion and a PE ratio of 19.81. Stella-Jones has a one year low of $39.00 and a one year high of $54.00. The firm’s 50 day moving average is $44.82 and its 200-day moving average is $46.89.

The company also recently declared a quarterly dividend, which was paid on Friday, September 23rd. Stockholders of record on Friday, September 23rd were issued a $0.10 dividend. The ex-dividend date was Wednesday, August 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.89%.

About Stella-Jones

Stella-Jones Inc is a Canada-based producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and 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.

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