Jefferies Financial Group Downgrades Billerud AB (publ) (OTCMKTS:BLRDF) to Underperform

Billerud AB (publ) (OTCMKTS:BLRDFGet Rating) was downgraded by Jefferies Financial Group from a “hold” rating to an “underperform” rating in a report issued on Wednesday, The Fly reports. They currently have a $130.00 price objective on the stock.

Billerud AB (publ) Stock Performance

Billerud AB (publ) stock opened at $13.93 on Wednesday. The company’s 50-day moving average price is $12.46 and its 200-day moving average price is $12.66. Billerud AB has a twelve month low of $10.64 and a twelve month high of $22.07.

Billerud AB (publ) Company Profile

(Get Rating)

Billerud AB (publ) provides fiber-based packaging materials and solutions in Sweden and internationally. It operates through three segments: Product area Board, Product area Paper, and Solutions & Other. The company offers kraft papers for medical equipment and food packaging sectors; and sack papers for making sacks.

Read More

The Fly logo

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