Brokerages Set Stora Enso Oyj (OTCMKTS:SEOAY) Target Price at $10.80

Stora Enso Oyj (OTCMKTS:SEOAY) has been given a consensus rating of “Hold” by the five brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $10.80.

Separately, BNP Paribas Exane began coverage on shares of Stora Enso Oyj in a research note on Wednesday, June 10th. They issued a “neutral” rating for the company.

Stora Enso Oyj Stock Up 3.5%

Shares of OTCMKTS SEOAY opened at $11.44 on Monday. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 12.57 and a beta of 0.64. The company has a current ratio of 1.07, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32. Stora Enso Oyj has a 12 month low of $9.92 and a 12 month high of $14.41. The stock has a 50-day moving average price of $11.05 and a two-hundred day moving average price of $11.84.

Stora Enso Oyj (OTCMKTS:SEOAY) last posted its quarterly earnings results on Thursday, May 7th. The basic materials company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05). The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.69 billion. Stora Enso Oyj had a net margin of 6.63% and a return on equity of 2.58%. As a group, analysts forecast that Stora Enso Oyj will post 0.66 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.