Stora Enso Oyj (OTCMKTS:SEOAY) Receives $10.80 Consensus PT from Brokerages

Shares of Stora Enso Oyj (OTCMKTS:SEOAY) have earned an average recommendation of “Hold” from the five research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $10.80.

Separately, Citigroup reaffirmed a “buy” rating on shares of Stora Enso Oyj in a report on Monday, January 26th.

Stora Enso Oyj Price Performance

OTCMKTS:SEOAY opened at $11.44 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 0.66 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $9.02 billion, a P/E ratio of 11.33 and a beta of 0.66. Stora Enso Oyj has a 12 month low of $7.97 and a 12 month high of $14.41. The business’s 50-day moving average is $12.71 and its 200 day moving average is $11.92.

Stora Enso Oyj (OTCMKTS:SEOAY) last announced its quarterly earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). Stora Enso Oyj had a net margin of 7.58% and a return on equity of 3.18%. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.26 billion. On average, equities research analysts forecast that Stora Enso Oyj will post 0.67 earnings per share for the current fiscal year.

About Stora Enso Oyj

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.