SMURFIT KAPPA G/ADR (SMFKY) Rating Increased to Hold at Zacks Investment Research

SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Saturday.

According to Zacks, “Smurfit Kappa Group PLC operates as a paper and paperboard manufacturer and converter. It also engages in the manufacturing, distribution and selling of containerboard, corrugated containers and other paper-based packaging products, such as solid board, graphic board and bag-in-box. The company’s operating segments consists of Europe and Americas. Europe segment includes a system of mills and plants which primarily produces containerboard. Americas segment comprises forestry, paper, corrugated, paper sack and folding carton activities. Smurfit Kappa Group PLC is headquartered in Dublin, Ireland. “

A number of other research analysts have also recently weighed in on the stock. ValuEngine cut shares of SMURFIT KAPPA G/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, November 6th. BNP Paribas reiterated a “neutral” rating on shares of SMURFIT KAPPA G/ADR in a research note on Wednesday, January 9th.

SMFKY opened at $30.06 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.36 and a current ratio of 1.75. The stock has a market capitalization of $7.13 billion, a price-to-earnings ratio of 9.03, a P/E/G ratio of 2.18 and a beta of 0.56. SMURFIT KAPPA G/ADR has a twelve month low of $24.10 and a twelve month high of $45.51.

About SMURFIT KAPPA G/ADR

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through Europe and the Americas segments. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.

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