UPM-Kymmene Oyj (OTCMKTS:UPMMY – Get Rating) had its price target raised by investment analysts at Credit Suisse Group from €35.50 ($38.17) to €36.80 ($39.57) in a report released on Tuesday, The Fly reports.
A number of other research firms also recently weighed in on UPMMY. DNB Markets raised UPM-Kymmene Oyj from a “hold” rating to a “buy” rating in a report on Monday, January 24th. Danske upgraded UPM-Kymmene Oyj from a “sell” rating to a “buy” rating in a research report on Tuesday, January 25th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, UPM-Kymmene Oyj has a consensus rating of “Hold” and a consensus target price of $36.80.
UPMMY opened at $34.38 on Tuesday. The stock’s fifty day simple moving average is $33.55 and its 200 day simple moving average is $35.84. UPM-Kymmene Oyj has a 1-year low of $27.85 and a 1-year high of $41.77.
UPM-Kymmene Oyj engages in the forest-based bio industry. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for the petrochemical industry.
- Get a free copy of the StockNews.com research report on UPM-Kymmene Oyj (UPMMY)
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