Exane BNP Paribas Downgrades Essity AB (publ) (OTCMKTS:ETTYF) to Neutral

Exane BNP Paribas lowered shares of Essity AB (publ) (OTCMKTS:ETTYF) from an outperform rating to a neutral rating in a report released on Tuesday morning, The Fly reports.

ETTYF has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft reissued a hold rating on shares of Essity AB (publ) in a report on Wednesday, December 1st. JPMorgan Chase & Co. decreased their price objective on Essity AB (publ) from SEK 310 to SEK 305 and set an underweight rating for the company in a report on Tuesday, December 14th. Societe Generale cut Essity AB (publ) from a buy rating to a hold rating in a report on Monday, October 4th. Barclays reaffirmed an equal weight rating on shares of Essity AB (publ) in a report on Monday, October 25th. Finally, UBS Group raised Essity AB (publ) from a neutral rating to a buy rating in a report on Monday, November 22nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of Hold and an average price target of $270.00.

Shares of ETTYF stock opened at $31.70 on Tuesday. The business has a 50-day simple moving average of $32.14 and a 200-day simple moving average of $32.03. Essity AB has a 52-week low of $29.72 and a 52-week high of $36.50.

About Essity AB (publ)

Essity AB (publ) develops, produces, and sells personal care, consumer tissue, and professional hygiene products and solutions worldwide. It offers personal care products comprising incontinence products, such as skincare products, wet wipes, and wash gloves; baby and pant diapers, as well as baby care products, such as wet wipes, shampoos, lotions, and baby oils; and pads, panty liners, tampons, intimate soaps, intimate wipes, and washable absorbent underwear.

See Also: Fiduciary

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Analyst Recommendations for Essity AB (publ) (OTCMKTS:ETTYF)

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