Stora Enso Oyj (OTCMKTS:SEOAY) Receives $10.80 Average Target Price from Analysts

Stora Enso Oyj (OTCMKTS:SEOAY) has been assigned an average rating of “Hold” from the five ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $10.80.

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

Stora Enso Oyj Price Performance

OTCMKTS SEOAY opened at $13.36 on Friday. The stock has a 50-day simple moving average of $12.60 and a 200 day simple moving average of $11.81. Stora Enso Oyj has a twelve month low of $7.97 and a twelve month high of $14.41. The stock has a market capitalization of $10.54 billion, a PE ratio of 13.23 and a beta of 0.70. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.66 and a current ratio of 1.21.

Stora Enso Oyj (OTCMKTS:SEOAY) last issued its quarterly earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.07). The business had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.26 billion. Stora Enso Oyj had a return on equity of 3.18% and a net margin of 7.58%. Research analysts anticipate that Stora Enso Oyj will post 0.67 EPS for the current 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.