Could Stella-Jones Inc Crash Even More? The Stock Had Another Big Decline Today

 Could Stella Jones Inc Crash Even More? The Stock Had Another Big Decline Today

The stock of Stella-Jones Inc (TSE:SJ) is a huge mover today! About 68,500 shares traded hands. Stella-Jones Inc (TSE:SJ) has risen 5.98% since March 31, 2016 and is uptrending. It has outperformed by 4.89% the S&P500.
The move comes after 8 months negative chart setup for the $3.40 billion company. It was reported on Nov, 4 by Barchart.com. We have $46.26 PT which if reached, will make TSE:SJ worth $170.00M less.

Stella-Jones Inc (TSE:SJ) Ratings Coverage

Out of 6 analysts covering Stella-Jones Inc (TSE:SJ), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $59 is the highest target while $45 is the lowest. The $53.34 average target is 9.55% above today’s ($48.69) stock price. Stella-Jones Inc has been the topic of 19 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock of Stella-Jones Inc (TSE:SJ) has “Buy” rating given on Monday, September 19 by Desjardins Securities. Desjardins Securities maintained the stock with “Hold” rating in Monday, August 10 report. As per Wednesday, July 20, the company rating was maintained by RBC Capital Markets. The rating was upgraded by RBC Capital Markets on Thursday, February 4 to “Outperform”. The stock of Stella-Jones Inc (TSE:SJ) has “Buy” rating given on Monday, August 10 by Acumen Capital. Scotia Capital maintained it with “Sector Perform” rating and $53 target price in Friday, August 12 report.

More news for Stella-Jones Inc (TSE:SJ) were recently published by: Seekingalpha.com, which released: “Acquisitions At Stella Jones” on April 14, 2016. Seekingalpha.com‘s article titled: “Stella-Jones Continues Breaking Records” and published on April 28, 2016 is yet another important article.

Stella-Jones Inc is a Canada-based company, which is a producer and marketer of pressure treated wood products. The company has a market cap of $3.40 billion. The Firm supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. It has a 20.8 P/E ratio. It makes 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 products.

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