TOday’s Movers: Smurfit Kappa Group PLC (LON:SKG) Stock Rating Kept by Analysts at Jefferies International; GBX 3460.00 Target Price Indicates 14.72 % Potential

June 19, 2018 - By reb123z

Smurfit Kappa Group plc (LON:SKG) Logo

Smurfit Kappa Group PLC (LON:SKG) Rating Reaffirmed

The company has just set a target price per share of GBX 3460.00 on Smurfit Kappa Group PLC (LON:SKG) shares. This is 14.72 % from the last close price. In a note shared with investors and clients on Tuesday morning, Jefferies International restate their “Buy” rating on shares of SKG.

Smurfit Kappa Group plc (LON:SKG) Ratings Coverage

Among 4 analysts covering Smurfit Kappa Group PLC (LON:SKG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Smurfit Kappa Group PLC has GBX 3500 highest and GBX 2800 lowest target. GBX 3315’s average target is 9.62% above currents GBX 3024 stock price. Smurfit Kappa Group PLC had 6 analyst reports since January 29, 2018 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Wednesday, June 6. The firm has “Buy” rating given on Monday, March 5 by Goldman Sachs. Jefferies maintained the shares of SKG in report on Tuesday, June 19 with “Buy” rating. The firm earned “Add” rating on Monday, January 29 by Numis Securities. Numis Securities maintained Smurfit Kappa Group plc (LON:SKG) rating on Friday, May 25. Numis Securities has “Add” rating and GBX 3300 target. The rating was maintained by Numis Securities with “Add” on Tuesday, March 6.

The stock decreased 1.24% or GBX 38 during the last trading session, reaching GBX 3024. About 234,407 shares traded. Smurfit Kappa Group plc (LON:SKG) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Smurfit Kappa Group plc, together with its subsidiaries, makes, distributes, and sells paper packaging products. The company has market cap of 7.09 billion GBP. The firm operates through two divisions, Europe and the Americas. It has a 13.99 P/E ratio. It offers containerboards, corrugated containers, and other paper packaging products, such as solid boards, graphic boards, and bag-in-box.

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