Smurfit Kappa Group Plc’s (SKG) “Buy” Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG restated their buy rating on shares of Smurfit Kappa Group Plc (LON:SKG) in a report published on Thursday. The firm currently has a GBX 2,650 ($34.97) price target on the stock.

Several other research firms also recently issued reports on SKG. Jefferies Group LLC upped their price target on Smurfit Kappa Group Plc from GBX 2,550 ($33.65) to GBX 2,635 ($34.77) and gave the stock a buy rating in a research note on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) upgraded Smurfit Kappa Group Plc to a buy rating and upped their price target for the stock from GBX 2,600 ($34.31) to GBX 2,750 ($36.29) in a research note on Tuesday, September 12th. Finally, Numis Securities Ltd increased their target price on Smurfit Kappa Group Plc from GBX 2,400 ($31.67) to GBX 2,600 ($34.31) and gave the company an add rating in a research note on Thursday, August 3rd.

Shares of Smurfit Kappa Group Plc (SKG) opened at GBX 2,386 ($31.49) on Thursday.

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About Smurfit Kappa Group Plc

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through two segments, Europe and the Americas. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.

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