SWEDISH MATCH A/ADR (OTCMKTS:SWMAY) Now Covered by Goldman Sachs Group

Stock analysts at Goldman Sachs Group began coverage on shares of SWEDISH MATCH A/ADR (OTCMKTS:SWMAY) in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage set a “buy” rating on the stock.

A number of other research firms also recently issued reports on SWMAY. Barclays restated an “overweight” rating on shares of SWEDISH MATCH A/ADR in a report on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating on shares of SWEDISH MATCH A/ADR in a research note on Tuesday, April 7th. UBS Group reiterated a “buy” rating on shares of SWEDISH MATCH A/ADR in a research note on Wednesday, April 29th. Finally, Citigroup restated a “neutral” rating on shares of SWEDISH MATCH A/ADR in a research report on Thursday, April 30th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy”.

Shares of SWMAY stock traded up $0.17 on Tuesday, hitting $35.20. The stock had a trading volume of 47,937 shares, compared to its average volume of 17,129. The business has a 50 day moving average of $34.14 and a 200 day moving average of $29.88. The stock has a market cap of $11.61 billion and a price-to-earnings ratio of 26.67. SWEDISH MATCH A/ADR has a 12-month low of $18.93 and a 12-month high of $36.45.

SWEDISH MATCH A/ADR (OTCMKTS:SWMAY) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.37 earnings per share (EPS) for the quarter. SWEDISH MATCH A/ADR had a net margin of 26.94% and a negative return on equity of 75.50%. The business had revenue of $416.96 million during the quarter. As a group, equities analysts forecast that SWEDISH MATCH A/ADR will post 1.5 earnings per share for the current year.

SWEDISH MATCH A/ADR Company Profile

Swedish Match AB (publ) develops, manufactures, markets, and sells snus and moist snuff, lights, and other tobacco products in Sweden, the United States, and internationally. The company operates through Snus and Moist Snuff, Other Tobacco Products, Lights, and Other Operations segments. The Snus and Moist Snuff segment offers snus and pouch products, nicotine pouches, and moist snuff under the General, Göteborgs Rapé, Kaliber, Kronan, Ettan, Grov, Catch, ZYN, G.3, G.4, The Lab, Nick & Johnny, Longhorn, and Timber Wolf brand names.

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Analyst Recommendations for SWEDISH MATCH A/ADR (OTCMKTS:SWMAY)

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