Jefferies Financial Group Comments on Stora Enso Oyj’s FY2018 Earnings (SEOAY)

Stora Enso Oyj (OTCMKTS:SEOAY) – Equities research analysts at Jefferies Financial Group cut their FY2018 EPS estimates for Stora Enso Oyj in a research report issued to clients and investors on Tuesday, October 30th. Jefferies Financial Group analyst C. Hathorn now forecasts that the basic materials company will post earnings of $1.41 per share for the year, down from their prior estimate of $1.45. Jefferies Financial Group also issued estimates for Stora Enso Oyj’s FY2020 earnings at $1.49 EPS.

Separately, Zacks Investment Research upgraded shares of Stora Enso Oyj from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research report on Wednesday, August 1st.

SEOAY stock opened at $14.89 on Thursday. The company has a current ratio of 1.24, a quick ratio of 0.75 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $11.45 billion, a P/E ratio of 14.74, a P/E/G ratio of 0.83 and a beta of 1.19. Stora Enso Oyj has a 1-year low of $14.26 and a 1-year high of $21.48.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.

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