SMURFIT KAPPA G/ADR (SMFKY) Upgraded at Zacks Investment Research

SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Saturday.

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. “

SMFKY has been the topic of several other reports. BNP Paribas began coverage on SMURFIT KAPPA G/ADR in a research note on Tuesday, November 20th. They issued an “outperform” rating on the stock. ValuEngine cut SMURFIT KAPPA G/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, November 6th.

SMFKY stock traded down $0.55 during midday trading on Friday, hitting $30.06. The stock had a trading volume of 8,732 shares, compared to its average volume of 53,867. The stock has a market cap of $7.13 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 2.18 and a beta of 0.56. SMURFIT KAPPA G/ADR has a 52-week low of $24.10 and a 52-week high of $45.51. The company has a quick ratio of 1.36, a current ratio of 1.75 and a debt-to-equity ratio of 1.43.

SMURFIT KAPPA G/ADR Company Profile

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through Europe and the Americas segments. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.

Featured Article: Why do earnings reports matter?

Get a free copy of the Zacks research report on SMURFIT KAPPA G/ADR (SMFKY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for SMURFIT KAPPA G/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMURFIT KAPPA G/ADR and related companies with MarketBeat.com's FREE daily email newsletter.