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.
ILLEGAL ACTIVITY NOTICE: This article was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark laws. The original version of this article can be read at https://www.dispatchtribunal.com/2018/02/22/stora-enso-oyj-seoay-upgraded-to-strong-buy-at-zacks-investment-research.html.
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.
Get a free copy of the Zacks research report on Stora Enso OYJ (SEOAY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Stora Enso OYJ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stora Enso OYJ and related companies with MarketBeat.com's FREE daily email newsletter.