SVENSKA CELLULO/ADR (SVCBY) Upgraded to “Hold” at Zacks Investment Research

Share on StockTwits

Zacks Investment Research upgraded shares of SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) from a sell rating to a hold rating in a research report report published on Friday morning, 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. “

Shares of SVENSKA CELLULO/ADR stock opened at $8.65 on Friday. SVENSKA CELLULO/ADR has a 52-week low of $7.35 and a 52-week high of $11.79. The company has a market capitalization of $5.63 billion, a PE ratio of 14.66, a PEG ratio of 0.65 and a beta of 0.64.

SVENSKA CELLULO/ADR (OTCMKTS:SVCBY) last issued its earnings results on Wednesday, January 30th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). The firm had revenue of $544.57 million for the quarter. On average, research analysts forecast that SVENSKA CELLULO/ADR will post 0.52 EPS for the current fiscal year.

About SVENSKA CELLULO/ADR

Svenska Cellulosa Aktiebolaget SCA (publ), a forest products company, develops, produces, and sells forest, wood, pulp, and paper products worldwide. The company offers timber products for the private forest owners; and supplies wood-based products for the industrial and building materials trade. It also provides kraft pulp and chemical thermomechanical pulp; by-products, such as turpentine and tall oil; and green electricity and district heating under the Celeste, Star, and Cirrus brands.

Further Reading: Limitations of the P/E Growth ratio

Get a free copy of the Zacks research report on SVENSKA CELLULO/ADR (SVCBY)

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

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



Latest News

$240.47 Million in Sales Expected for Golden Entertainment Inc  This Quarter
$240.47 Million in Sales Expected for Golden Entertainment Inc This Quarter
Brokerages Expect Northfield Bancorp Inc  to Announce $0.19 EPS
Brokerages Expect Northfield Bancorp Inc to Announce $0.19 EPS
White Pine Investment CO Acquires 8,999 Shares of Schwab Fundamental U.S. Large Company Index
White Pine Investment CO Acquires 8,999 Shares of Schwab Fundamental U.S. Large Company Index
White Pine Investment CO Has $4.94 Million Position in Redwood Trust, Inc.
White Pine Investment CO Has $4.94 Million Position in Redwood Trust, Inc.
iShares JP Morgan USD Emerging Markets Bond ETF  Stake Boosted by Ramsey Quantitative Systems
iShares JP Morgan USD Emerging Markets Bond ETF Stake Boosted by Ramsey Quantitative Systems
iShares Dow Jones US Consumer Ser.  Stake Lessened by Sage Capital Advisors llc
iShares Dow Jones US Consumer Ser. Stake Lessened by Sage Capital Advisors llc


 
© 2006-2019 Zolmax.