Jefferies Financial Group Lowers Essity AB (publ) (OTCMKTS:ETTYF) to Hold

Essity AB (publ) (OTCMKTS:ETTYF) was downgraded by analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, The Fly reports.

Several other equities analysts have also weighed in on ETTYF. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Essity AB (publ) in a research report on Monday, March 29th. UBS Group reissued a “neutral” rating on shares of Essity AB (publ) in a research report on Tuesday, January 12th. Societe Generale assumed coverage on shares of Essity AB (publ) in a research report on Wednesday, January 6th. They issued a “buy” rating on the stock. Barclays reissued an “equal weight” rating on shares of Essity AB (publ) in a research report on Friday, January 29th. Finally, Berenberg Bank raised shares of Essity AB (publ) from a “hold” rating to a “buy” rating in a research report on Tuesday, January 26th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold”.

OTCMKTS ETTYF opened at $32.45 on Friday. The firm’s fifty day moving average price is $31.39 and its two-hundred day moving average price is $31.82. Essity AB has a 1 year low of $29.60 and a 1 year high of $35.01.

Essity AB (publ) Company Profile

Essity AB (publ) develops, produces, and sells personal care, consumer tissue, and professional hygiene products and solutions worldwide. It offers personal care products comprising incontinence products, such as skincare products, wet wipes, and wash gloves; baby and pant diapers, as well as baby care products, such as wet wipes, shampoos, lotions, and baby oils; and pads, panty liners, tampons, intimate soaps, intimate wipes, and washable absorbent underwear.

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The Fly

Analyst Recommendations for Essity AB (publ) (OTCMKTS:ETTYF)

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