SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) Downgraded by ValuEngine

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

Separately, Zacks Investment Research raised SMURFIT KAPPA G/ADR from a sell rating to a hold rating in a report on Saturday, October 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of Hold.

Shares of OTCMKTS:SMFKY opened at $35.52 on Tuesday. SMURFIT KAPPA G/ADR has a one year low of $24.10 and a one year high of $36.30. The stock has a market capitalization of $8.45 billion, a price-to-earnings ratio of 10.67 and a beta of 0.78. The company has a 50-day simple moving average of $34.17 and a 200-day simple moving average of $31.31.

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.

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

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