SCA (SVCBY) Lifted to “Buy” at Zacks Investment Research

SCA (OTCMKTS:SVCBY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The firm presently has a $12.00 target price on the basic materials company’s stock. Zacks Investment Research‘s price objective would indicate a potential upside of 7.14% from the stock’s current price.

According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “

OTCMKTS SVCBY opened at $11.20 on Thursday. SCA has a 1-year low of $6.92 and a 1-year high of $35.36. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.48 and a current ratio of 0.94. The firm has a market capitalization of $7,059.94, a PE ratio of 36.13, a P/E/G ratio of 1.98 and a beta of 0.61.

SCA (OTCMKTS:SVCBY) last posted its quarterly earnings results on Tuesday, January 30th. The basic materials company reported $0.10 earnings per share for the quarter. SCA had a net margin of 242.91% and a return on equity of 4.01%. The business had revenue of $510.33 million for the quarter. sell-side analysts predict that SCA will post 0.4 EPS for the current year.

About SCA

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers timber products for the private forest owners; and supplies wood-based products for the industrial and building materials trade. It also provides kraft pulp and chemical thermomechanical pulp; by-products, such as turpentine and tall oil; and green electricity and district heating under the Celeste, Star, and Cirrus brands.

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