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RBC Capital Markets Sees Upside In Stella-Jones
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RBC Capital Markets Sees Upside In Stella-Jones
Apr 12, 2024 8:17 AM

10:59 AM EDT, 04/12/2024 (MT Newswires) -- RBC Capital Markets said Friday that it continues to see upside to the margins of Stella-Jones Inc. ( STLJF ) , a manufacturer of pressure-treated wood products.

RBC reaffirmed its positive view on the shares, specifically that the pole and tie outlook are "solid". It continues to see upside to margins on better pole mix and tie pricing tailwinds, and view tuck-in M&A as a nice complement to organic growth trends.

RBC made the remarks after hosting an investor lunch with Stella-Jones' ( STLJF ) management.

Price: 79.37, Change: -0.63, Percent Change: -0.79

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