Swedish Match AB (publ) (OTCMKTS:SWMAY) Rating Reiterated by UBS Group


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Swedish Match AB (publ) (OTCMKTS:SWMAY)‘s stock had its “buy” rating restated by investment analysts at UBS Group in a research report issued on Tuesday, The Fly reports.

A number of other equities analysts have also commented on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Swedish Match AB (publ) in a report on Monday, November 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Swedish Match AB (publ) in a report on Monday, November 2nd. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Swedish Match AB (publ) in a report on Thursday, December 17th. Societe Generale reiterated a “buy” rating on shares of Swedish Match AB (publ) in a report on Wednesday, October 28th. Finally, Zacks Investment Research lowered shares of Swedish Match AB (publ) from a “buy” rating to a “hold” rating in a report on Friday, January 8th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $43.00.

OTCMKTS SWMAY opened at $37.93 on Tuesday. The firm’s fifty day moving average price is $38.93 and its two-hundred day moving average price is $39.05. The stock has a market cap of $12.30 billion and a PE ratio of 27.68. Swedish Match AB has a fifty-two week low of $23.86 and a fifty-two week high of $41.70.

Swedish Match AB (publ) (OTCMKTS:SWMAY) last posted its earnings results on Tuesday, October 27th. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. The firm had revenue of $496.18 million for the quarter, compared to analysts’ expectations of $445.50 million. Swedish Match AB (publ) had a net margin of 27.15% and a negative return on equity of 72.67%. As a group, analysts expect that Swedish Match AB will post 1.64 EPS for the current year.

About Swedish Match AB (publ)

Swedish Match AB (publ) develops, manufactures, markets, and sells snus and moist snuff, lights, and other tobacco products in Scandinavia, the United States, and internationally. The company operates through Smokefree, Cigars, and Lights segments. The company provides snus and pouch products, nicotine pouches, and moist snuff under the General, Göteborgs Rapé, Kaliber, Kronan, Ettan, Grov, Catch, ZYN, G.3, G.4, The Lab, Nick & Johnny, Longhorn, and Timber Wolf brand names.

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Analyst Recommendations for Swedish Match AB (publ) (OTCMKTS:SWMAY)

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