Svenska Cellulosa AB (SVCBY) Rating Increased to Hold at Zacks Investment Research
Svenska Cellulosa AB (OTCMKTS:SVCBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday.
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. “
Svenska Cellulosa AB (OTCMKTS:SVCBY) opened at 30.44 on Friday. The company has a 50-day moving average of $30.53 and a 200-day moving average of $30.91. Svenska Cellulosa AB has a one year low of $26.08 and a one year high of $32.69. The stock has a market capitalization of $21.38 billion, a price-to-earnings ratio of 34.36 and a beta of 0.59.
About Svenska Cellulosa AB
Svenska Cellulosa Aktiebolaget SCA (SCA) is a hygiene and forest products company that develops and produces personal care, tissue and forest products. The Company has three business areas: Personal Care, which consists of incontinence products, baby diapers and feminine care products; Tissue, which manufactures and sells consumer tissue and away-from-home (AfH) tissue, and Forest Products, in which SCA manufactures and sells paper for packaging and print, pulp, solid-wood products and renewable energy.
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