Essity AB (publ) (OTCMKTS:ETTYF) Receives Consensus Rating of “Hold” from Analysts

Essity AB (publ) (OTCMKTS:ETTYFGet Rating) has earned a consensus rating of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $277.67.

Several equities analysts recently weighed in on the stock. HSBC raised shares of Essity AB (publ) from a “reduce” rating to a “hold” rating in a research report on Tuesday, April 26th. The Goldman Sachs Group upgraded shares of Essity AB (publ) from a “sell” rating to a “neutral” rating in a research note on Friday, April 29th. UBS Group increased their price target on shares of Essity AB (publ) from SEK 295 to SEK 305 and gave the stock a “buy” rating in a research note on Tuesday, May 3rd. JPMorgan Chase & Co. increased their price target on shares of Essity AB (publ) from SEK 250 to SEK 260 in a research note on Tuesday, April 26th. Finally, Barclays increased their price target on shares of Essity AB (publ) from SEK 231 to SEK 268 and gave the stock an “equal weight” rating in a research note on Monday, April 25th.

Shares of ETTYF traded up $1.35 during midday trading on Friday, reaching $26.35. 249 shares of the stock were exchanged, compared to its average volume of 1,212. Essity AB has a 12-month low of $23.25 and a 12-month high of $36.50. The firm has a 50 day simple moving average of $24.45 and a 200-day simple moving average of $28.45.

About Essity AB (publ) (Get Rating)

Essity AB (publ) develops, produces, and sells hygiene and health products and services worldwide. It offers health and medical products, including incontinence products, wound care, compression therapy, orthopedics, skincare products, and digital solutions with sensor technology. It operates in Personal Care, Consumer Tissue, Professional Hygiene, and Other segments.

Further Reading

Analyst Recommendations for Essity AB (publ) (OTCMKTS:ETTYF)

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