RBC Capital analyst Matt McKellar maintained a Hold rating on Sylvamo Corp (SLVM – Research Report) yesterday and set a price target of $45.00. The company’s shares closed yesterday at $47.79.
McKellar covers the Consumer Cyclical sector, focusing on stocks such as International Paper Co, WestRock, and Cascades. According to TipRanks, McKellar has an average return of 10.1% and a 73.91% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sylvamo Corp with a $47.50 average price target.
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The company has a one-year high of $52.58 and a one-year low of $36.85. Currently, Sylvamo Corp has an average volume of 352K.
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Sylvamo Corp (SLVM) Company Description:
Sylvamo Corp is engaged in producing various uncoated freesheet for paper products such as cutsize and offset paper, as well as market pulp, aseptic and liquid packaging board and coated unbleached kraft papers. The company offers Copy and Printer papers, Commercial Printing papers, Converting papers and Specialty papers.
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