SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) Downgraded to “Strong Sell” at ValuEngine

ValuEngine downgraded shares of SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) from a sell rating to a strong sell rating in a report published on Tuesday morning, ValuEngine reports.

Separately, Zacks Investment Research upgraded SMURFIT KAPPA G/ADR from a sell rating to a hold rating in a research report on Saturday, October 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. SMURFIT KAPPA G/ADR currently has an average rating of Hold.

Shares of SMFKY stock opened at $35.52 on Tuesday. The firm’s 50 day moving average price is $34.17 and its 200-day moving average price is $31.31. SMURFIT KAPPA G/ADR has a one year low of $24.10 and a one year high of $36.30. The firm has a market cap of $8.45 billion, a P/E ratio of 10.67 and a beta of 0.78.

About SMURFIT KAPPA G/ADR

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. It operates through two segments, Europe and the Americas. The company offers consumer, retail, industrial, e-commerce, heavy-duty corrugated, and hexacomb packaging products, as well as composite cardboard tubes, and bags and sacks; and bag-in-box, a single-use packaging system that comprises films, accessories, bags, taps, and boxes.

Further Reading: S&P/TSX Index

To view ValuEngine’s full report, visit ValuEngine’s official website.

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