RBC Capital analyst Paul Quinn maintained a Buy rating on Sylvamo Corp (SLVM – Research Report) on January 9 and set a price target of $60.00. The company’s shares closed yesterday at $49.76.
According to TipRanks, Quinn is a top 100 analyst with an average return of 21.3% and a 61.75% success rate. Quinn covers the Basic Materials sector, focusing on stocks such as Mercer International, West Fraser Timber Co, and Clearwater Paper.
Sylvamo Corp has an analyst consensus of Moderate Buy, with a price target consensus of $59.00.
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SLVM market cap is currently $2.2B and has a P/E ratio of 25.73.
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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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