Zacks Investment Research upgraded shares of Svenska Cellulosa AB (OTCMKTS:SVCBY) from a hold rating to a buy rating in a research report sent to investors on Saturday, November 4th. Zacks Investment Research currently has $11.00 price target on the basic materials company’s stock.
According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “
Separately, ValuEngine cut Svenska Cellulosa AB from a buy rating to a hold rating in a report on Tuesday, August 1st.
Shares of Svenska Cellulosa AB (OTCMKTS:SVCBY) opened at $9.37 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.73 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $5,943.82, a P/E ratio of 16.35, a PEG ratio of 2.47 and a beta of 0.71. Svenska Cellulosa AB has a 1-year low of $6.92 and a 1-year high of $35.35.
Svenska Cellulosa AB Company Profile
Svenska Cellulosa SCA AB is a Sweden-based forest products company that develops solid-wood products, pulp, kraftliner, publication papers and renewable energy. The Company consists of five business units: Forest, Wood, Pulp, Paper, Renewable Energy, and supporting unit Sourcing & Logistics. The Forest unit comprises management of over two million hectares forestland, which is used for timber production.
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