Swedish Match AB (publ) (OTCMKTS:SWMAY) PT Raised to SEK 88 at Credit Suisse Group

Swedish Match AB (publ) (OTCMKTS:SWMAYGet Rating) had its price target upped by Credit Suisse Group from SEK 78 to SEK 88 in a research note issued on Tuesday, The Fly reports. The brokerage presently has an “outperform” rating on the stock.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. upped their target price on Swedish Match AB (publ) from SEK 64 to SEK 66 in a research note on Thursday, March 31st. Zacks Investment Research upgraded Swedish Match AB (publ) from a “sell” rating to a “hold” rating in a research note on Thursday, March 17th. Finally, UBS Group cut their target price on Swedish Match AB (publ) from SEK 95 to SEK 92 and set a “buy” rating for the company in a research note on Tuesday, March 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Swedish Match AB (publ) currently has an average rating of “Buy” and an average price target of $63.69.

OTCMKTS:SWMAY traded down $0.14 during trading hours on Tuesday, reaching $7.97. 184,174 shares of the company were exchanged, compared to its average volume of 147,034. The company has a market capitalization of $12.59 billion, a P/E ratio of 17.18 and a beta of 0.87. Swedish Match AB has a 1-year low of $6.00 and a 1-year high of $9.90. The business has a 50 day moving average of $7.56 and a 200 day moving average of $7.82.

Swedish Match AB (publ) Company Profile (Get Rating)

Swedish Match AB (publ) develops, manufactures, markets, and sells snus and moist snuff, lights, and other tobacco products in Scandinavia, the United States, and internationally. The company operates through Smokefree, Cigars, and Lights segments. It provides snus and pouch products, nicotine pouches, nicotine free products, and moist snuff under the General, Göteborgs Rapé, Kaliber, Kronan, Ettan, Grov, Catch, G.3, The Lab, Nick & Johnny, Thunder, VOLT, Swave, ZYN, G.4, Onico, Qvitt, Longhorn, and Timber Wolf brand names.

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