Stora Enso Oyj (OTCMKTS:SEOAY) Given Average Rating of “Hold” by Brokerages

Shares of Stora Enso Oyj (OTCMKTS:SEOAY) have earned an average rating of “Hold” from the five brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $10.80.

Several analysts recently weighed in on SEOAY shares. The Goldman Sachs Group raised Stora Enso Oyj to a “strong sell” rating in a report on Tuesday, March 24th. BNP Paribas Exane assumed coverage on Stora Enso Oyj in a report on Wednesday, June 10th. They set a “neutral” rating on the stock.

Stora Enso Oyj Price Performance

Shares of SEOAY stock opened at $11.16 on Monday. The firm has a fifty day moving average of $11.05 and a two-hundred day moving average of $11.87. The firm has a market cap of $8.80 billion, a P/E ratio of 12.26 and a beta of 0.64. Stora Enso Oyj has a 1-year low of $9.92 and a 1-year high of $14.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.07 and a quick ratio of 0.57.

Stora Enso Oyj (OTCMKTS:SEOAY) last issued its earnings results on Thursday, May 7th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05). Stora Enso Oyj had a net margin of 6.63% and a return on equity of 2.58%. The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.69 billion. As a group, research analysts anticipate that Stora Enso Oyj will post 0.66 earnings per share for the current fiscal 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.