Stora Enso OYJ (SEOAY) Cut to “Buy” at ValuEngine
Stora Enso OYJ (OTCMKTS:SEOAY) was downgraded by research analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a note issued to investors on Friday.
Separately, Zacks Investment Research upgraded shares of Stora Enso OYJ from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Wednesday, October 4th.
Shares of Stora Enso OYJ (SEOAY) traded down $0.20 during trading on Friday, reaching $15.10. 8,287 shares of the company’s stock traded hands, compared to its average volume of 10,497. Stora Enso OYJ has a twelve month low of $9.56 and a twelve month high of $15.96. The company has a quick ratio of 0.68, a current ratio of 1.17 and a debt-to-equity ratio of 0.41. The firm has a market cap of $12,031.34, a PE ratio of 17.18, a price-to-earnings-growth ratio of 1.66 and a beta of 1.35.
Stora Enso OYJ Company Profile
Stora Enso Oyj is a provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. The Company’s segments include Consumer Board, Packaging Solutions, Biomaterials, Wood Products, Paper and Other. The Consumer Board segment develops and provides consumer packaging boards for printing and packaging applications.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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