Smurfit Kappa Group (SKG) PT Raised to GBX 2,800 at Numis Securities

Smurfit Kappa Group (LON:SKG) had its price target raised by research analysts at Numis Securities from GBX 2,600 ($35.26) to GBX 2,800 ($37.97) in a research note issued to investors on Monday. The brokerage currently has an “add” rating on the stock. Numis Securities’ price target indicates a potential upside of 8.44% from the stock’s current price.

A number of other equities research analysts also recently weighed in on SKG. Jefferies Group reissued a “buy” rating and set a GBX 2,635 ($35.73) target price on shares of Smurfit Kappa Group in a research report on Monday, October 23rd. Deutsche Bank reissued a “buy” rating and set a GBX 2,650 ($35.94) target price on shares of Smurfit Kappa Group in a research report on Friday, October 27th.

Shares of Smurfit Kappa Group (SKG) opened at GBX 2,582 ($35.01) on Monday. Smurfit Kappa Group has a 1 year low of GBX 1,712.74 ($23.23) and a 1 year high of GBX 2,662 ($36.10).

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Smurfit Kappa Group Company Profile

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through two segments, Europe and the Americas. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.

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