Zacks Investment Research lowered shares of Smurfit Kappa Group (OTCMKTS:SMFKY) from a hold rating to a sell rating in a research report released on Saturday, January 27th.
According to Zacks, “Smurfit Kappa Group PLC operates as a paper and paperboard manufacturer and converter. It also engages in the manufacturing, distribution and selling of containerboard, corrugated containers and other paper-based packaging products, such as solid board, graphic board and bag-in-box. The company’s operating segments consists of Europe and Americas. Europe segment includes a system of mills and plants which primarily produces containerboard. Americas segment comprises forestry, paper, corrugated, paper sack and folding carton activities. Smurfit Kappa Group PLC is headquartered in Dublin, Ireland. “
Separately, ValuEngine upgraded shares of Smurfit Kappa Group from a hold rating to a buy rating in a report on Friday, October 13th.
Smurfit Kappa Group (SMFKY) opened at $34.42 on Friday. Smurfit Kappa Group has a 12-month low of $24.71 and a 12-month high of $37.11. The firm has a market cap of $8,054.97, a PE ratio of 17.12, a PEG ratio of 3.10 and a beta of -0.57. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.89 and a current ratio of 1.21.
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About Smurfit Kappa Group
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through two segments, Europe and the Americas. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.
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