SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) Stock Rating Upgraded by Zacks Investment Research

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SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday, Zacks.com reports.

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. “

SVCBY stock opened at $8.70 on Friday. The company has a market cap of $5.50 billion, a PE ratio of 14.75, a PEG ratio of 0.70 and a beta of 0.83. The stock’s 50-day moving average is $8.11. SVENSKA CELLULO/ADR has a 1 year low of $7.35 and a 1 year high of $11.79.

SVENSKA CELLULO/ADR Company Profile

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers wood products to the home improvement and building materials sectors, including machined softwood, carcassing, MDF, decking, and sheet materials for builders' merchants and DIY retailers; and various wood products, industrial components, standard wood products, and raw materials, as well as logistic, warehouse, and IT solutions for the wood industry.

Further Reading: Sell-Side Analysts

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