CIBC analyst Hamir Patel reiterated a Buy rating on Stella-Jones today and set a price target of C$90.00. The company’s shares closed yesterday at $58.28.
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According to TipRanks, Patel is a 5-star analyst with an average return of 15.7% and a 56.43% success rate. Patel covers the Basic Materials sector, focusing on stocks such as Stella-Jones, Interfor, and West Fraser Timber Co.
Stella-Jones has an analyst consensus of Moderate Buy, with a price target consensus of $62.02, a 6.42% upside from current levels. In a report released on October 1, Desjardins also maintained a Buy rating on the stock with a C$92.00 price target.
STLJF market cap is currently $3.21B and has a P/E ratio of 13.49.
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- Stella-Jones price target lowered to C$89 from C$90 at CIBC
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