Stora Enso Oyj (OTCMKTS:SEOAY – Get Rating) has been assigned a consensus recommendation of "Hold" from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $17.67.
SEOAY has been the topic of a number of recent analyst reports. BNP Paribas cut Stora Enso Oyj from an "outperform" rating to a "neutral" rating in a report on Tuesday, July 26th. Danske upgraded Stora Enso Oyj from a "hold" rating to a "buy" rating in a report on Tuesday, September 13th. Exane BNP Paribas cut Stora Enso Oyj from an "outperform" rating to a "neutral" rating and set a €17.00 ($17.35) price objective on the stock. in a report on Tuesday, July 26th. Finally, Morgan Stanley lifted their price objective on Stora Enso Oyj from €15.90 ($16.22) to €16.00 ($16.33) and gave the company an "underweight" rating in a report on Tuesday, July 12th.
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Stora Enso Oyj stock opened at $14.51 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.27. Stora Enso Oyj has a 12-month low of $13.56 and a 12-month high of $21.65. The stock has a market cap of $11.44 billion, a price-to-earnings ratio of 6.72, a P/E/G ratio of 3.47 and a beta of 1.13. The business's 50-day simple moving average is $15.10 and its 200 day simple moving average is $17.36.
Stora Enso Oyj (OTCMKTS:SEOAY – Get Rating) last issued its earnings results on Friday, July 22nd. The basic materials company reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by ($0.10). Stora Enso Oyj had a return on equity of 10.81% and a net margin of 13.60%. The company had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.08 billion. As a group, research analysts anticipate that Stora Enso Oyj will post 1.53 earnings per share for the current year.About Stora Enso Oyj
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Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber renewable and recyclable packaging materials for food and drink, pharmaceutical, and transport packaging.
Further Reading
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