Suzano S.A. Sponsored ADR (NYSE:SUZ) Given Average Rating of “Hold” by Analysts

Suzano S.A. Sponsored ADR (NYSE:SUZ – Get Free Report) has been given an average recommendation of “Hold” by the five analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $12.20.

A number of equities research analysts recently commented on SUZ shares. Bank of America lowered Suzano from a “buy” rating to a “neutral” rating and set a $11.00 price target for the company. in a research report on Tuesday, April 7th. Weiss Ratings raised Suzano from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Jefferies Financial Group started coverage on Suzano in a research report on Thursday, February 5th. They issued a “buy” rating and a $13.40 price target for the company. Finally, Zacks Research lowered Suzano from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th.

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Institutional Investors Weigh In On Suzano

Several large investors have recently made changes to their positions in SUZ. Deutsche Bank AG increased its position in shares of Suzano by 4,452.8% during the 4th quarter. Deutsche Bank AG now owns 7,353,089 shares of the company’s stock valued at $68,678,000 after purchasing an additional 7,191,583 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Suzano by 323.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,879,587 shares of the company’s stock valued at $17,555,000 after purchasing an additional 1,435,994 shares during the last quarter. Compass Rose Asset Management LP purchased a new stake in shares of Suzano during the 3rd quarter valued at $9,917,000. Goldman Sachs Group Inc. increased its position in shares of Suzano by 30.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,474,671 shares of the company’s stock valued at $41,793,000 after purchasing an additional 1,037,976 shares during the last quarter. Finally, State Street Corp increased its position in shares of Suzano by 17.5% during the 4th quarter. State Street Corp now owns 5,667,599 shares of the company’s stock valued at $54,086,000 after purchasing an additional 843,296 shares during the last quarter. 2.55% of the stock is owned by hedge funds and other institutional investors.

Suzano Trading Down 3.7%

NYSE SUZ opened at $8.23 on Friday. The firm has a market capitalization of $10.20 billion, a P/E ratio of 4.90, a PEG ratio of 0.19 and a beta of 0.59. The business has a fifty day simple moving average of $9.52 and a 200 day simple moving average of $9.58. Suzano has a 12 month low of $8.20 and a 12 month high of $11.53. The company has a current ratio of 3.51, a quick ratio of 2.80 and a debt-to-equity ratio of 1.81.

Suzano (NYSE:SUZ – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.11. The business had revenue of $2.38 billion during the quarter, compared to analyst estimates of $2.30 billion. Suzano had a return on equity of 25.25% and a net margin of 22.90%. On average, analysts predict that Suzano will post 1.04 EPS for the current fiscal year.

Suzano Company Profile

(Get Free Report)

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world’s leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano’s business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.

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