Stora Enso Oyj (OTCMKTS:SEOAY) Upgraded at Zacks Investment Research

Share on StockTwits

Zacks Investment Research upgraded shares of Stora Enso Oyj (OTCMKTS:SEOAY) from a sell rating to a hold rating in a research report sent to investors on Thursday, Zacks.com reports.

According to Zacks, “Stora Enso is an integrated forest products company producing magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader. Stora Enso also conducts extensive sawmilling operations. To strengthen its market position and better serve customers in the United States, the company acquired the U.S.-based, Consolidated Papers, Inc. in 2000. “

A number of other equities research analysts have also weighed in on the company. Goldman Sachs Group raised Stora Enso Oyj from a neutral rating to a buy rating in a research note on Tuesday, April 23rd. ValuEngine downgraded Stora Enso Oyj from a sell rating to a strong sell rating in a report on Monday, April 1st.

OTCMKTS SEOAY opened at $10.54 on Thursday. Stora Enso Oyj has a 1-year low of $10.27 and a 1-year high of $20.55. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.35 and a quick ratio of 0.85. The stock has a market capitalization of $8.31 billion, a PE ratio of 6.67, a P/E/G ratio of 0.93 and a beta of 1.28.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.

Read More: How Do You Calculate Return on Equity (ROE)?

Get a free copy of the Zacks research report on Stora Enso Oyj (SEOAY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Stora Enso Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stora Enso Oyj and related companies with MarketBeat.com's FREE daily email newsletter.