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.
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)?
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.