The Globe and Mail reports in its Friday, Feb. 28, edition that RBC Capital analyst James McGarragle continues to rank Stella-Jones "sector perform." The Globe's David Leeder writes that Mr. McGarragle knocked his share target back by $6 to $75. Analysts on average target the shares at $85. Mr. McGarragle says in a note: "Stella-Jones reported a good Q4 and provided commentary on the outlook that we would characterize as in line. The market reaction however was a little more positive than we would have expected, with the shares trading up 4 per cent [Thursday]. Our view on the stock remains that it is fairly valued at nine times NTM [next 12-month] consensus EV/EBITDA. Our estimates call for mostly flat EBITDA out to 2026 -- given this growth backdrop, combined with stable end markets and solid execution from management, we continue to see current valuation as fair and believe the shares are fully valued at current prices." The Globe reported on July 9 that RBC's Walter Spracklin had lowered his recommendation for Stella-Jones to "sector perform" from "outperform." It was then worth $89.18. The Globe reported on Feb. 18 that money manager Stephen Takacsy was bullish on Stella-Jones. It was then worth $69.48.