Smurfit Kappa Group Plc (SKG) Given New GBX 2,650 Price Target at Deutsche Bank AG
Smurfit Kappa Group Plc (LON:SKG) had its price objective increased by Deutsche Bank AG from GBX 2,460 ($32.05) to GBX 2,650 ($34.52) in a research report sent to investors on Thursday. Deutsche Bank AG currently has a buy rating on the stock.
Several other analysts have also issued reports on the company. Jefferies Group LLC boosted their price target on Smurfit Kappa Group Plc from GBX 2,550 ($33.22) to GBX 2,635 ($34.33) and gave the company a buy rating in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) cut their price target on Smurfit Kappa Group Plc from GBX 2,500 ($32.57) to GBX 2,425 ($31.59) and set a buy rating for the company in a report on Monday, April 24th.
Smurfit Kappa Group Plc (SKG) opened at 2266.00 on Thursday. Smurfit Kappa Group Plc has a 52 week low of GBX 1,664.00 and a 52 week high of GBX 2,441.00. The company’s market cap is GBX 5.33 billion. The firm has a 50-day moving average price of GBX 2,344.95 and a 200 day moving average price of GBX 2,190.59.
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In other Smurfit Kappa Group Plc news, insider Jørgen Buhl Rasmussen acquired 2,469 shares of the company’s stock in a transaction dated Monday, June 19th. The stock was purchased at an average price of GBX 2,344 ($30.54) per share, with a total value of £57,873.36 ($75,395.21).
About Smurfit Kappa Group Plc
Smurfit Kappa Group plc and its subsidiaries are engaged in the manufacture of paper-based packaging products, with operations in Europe, Latin America, the United States and Canada. The Company manufactures, distributes and sells containerboard, corrugated containers and other paper-based packaging products, such as solidboard, graphic board and bag-in-box.
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