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

Stora Enso Oyj (OTCMKTS:SEOAY) has been given a consensus recommendation of “Hold” by the five analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $10.80.

Separately, Citigroup reissued a “buy” rating on shares of Stora Enso Oyj in a research report on Monday.

Stora Enso Oyj Price Performance

SEOAY opened at $12.47 on Monday. The stock’s 50-day moving average price is $12.16 and its 200 day moving average price is $11.53. Stora Enso Oyj has a 12-month low of $7.97 and a 12-month high of $12.80. The company has a current ratio of 1.23, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of 1,248.65 and a beta of 0.71.

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.