Stora Enso OYJ (SEOAY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Stora Enso OYJ (OTCMKTS:SEOAY) from a hold rating to a strong-buy rating in a report released on Wednesday, February 14th. Zacks Investment Research currently has $19.00 target price on the basic materials company’s stock.

According to Zacks, “Stora Enso is an integrated forest products company producing magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader. Stora Enso also conducts extensive sawmilling operations. To strengthen its market position and better serve customers in the United States, the company acquired the U.S.-based, Consolidated Papers, Inc. in 2000. “

Separately, ValuEngine cut Stora Enso OYJ from a buy rating to a hold rating in a research report on Saturday, January 13th.

Stora Enso OYJ (OTCMKTS:SEOAY) opened at $17.69 on Wednesday. Stora Enso OYJ has a 12 month low of $10.62 and a 12 month high of $17.99. The stock has a market capitalization of $13,887.58, a PE ratio of 19.66, a PEG ratio of 1.74 and a beta of 1.42. The company has a quick ratio of 0.66, a current ratio of 1.15 and a debt-to-equity ratio of 0.36.

Stora Enso OYJ (OTCMKTS:SEOAY) last announced its quarterly earnings data on Friday, February 9th. The basic materials company reported $0.31 earnings per share (EPS) for the quarter. Stora Enso OYJ had a return on equity of 12.35% and a net margin of 6.26%. The firm had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $2.94 billion. research analysts anticipate that Stora Enso OYJ will post 1.22 EPS for the current year.

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Stora Enso OYJ Company Profile

Stora Enso Oyj is a provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. The Company’s segments include Consumer Board, Packaging Solutions, Biomaterials, Wood Products, Paper and Other. The Consumer Board segment develops and provides consumer packaging boards for printing and packaging applications.

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