Smurfit Kappa Group Plc (OTCMKTS:SMFKY) Receives Consensus Rating of “Buy” from Analysts

Shares of Smurfit Kappa Group Plc (OTCMKTS:SMFKY) have been assigned an average rating of “Buy” from the ten analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have issued a buy recommendation on the company.

A number of equities research analysts have commented on SMFKY shares. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Smurfit Kappa Group in a report on Thursday, November 4th. Zacks Investment Research lowered shares of Smurfit Kappa Group from a “hold” rating to a “sell” rating in a report on Friday, November 12th. Credit Suisse Group restated an “outperform” rating on shares of Smurfit Kappa Group in a research report on Thursday, July 29th. Morgan Stanley assumed coverage on shares of Smurfit Kappa Group in a research report on Tuesday, October 26th. They set an “equal weight” rating on the stock. Finally, Jefferies Financial Group downgraded shares of Smurfit Kappa Group from a “buy” rating to a “hold” rating in a research report on Monday, August 2nd.

Shares of OTCMKTS:SMFKY opened at $53.05 on Monday. Smurfit Kappa Group has a 12 month low of $41.97 and a 12 month high of $60.34. The company’s 50-day moving average price is $53.06 and its two-hundred day moving average price is $54.77. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.45 and a quick ratio of 1.08.

Smurfit Kappa Group Company Profile

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. It operates in two segments, Europe and the Americas. The company offers consumer, retail, industrial, ecommerce, heavy-duty corrugated, and hexacomb packaging products, as well as composite cardboard tubes, and bags and sacks; and bag-in-box, a single-use packaging system that comprises films, accessories, bags, taps, and boxes.

Read More: How to Calculate Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Smurfit Kappa Group (OTCMKTS:SMFKY)

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