Smurfit Kappa Group Plc (LON:SKG)‘s stock had its “buy” rating reissued by Deutsche Bank AG in a note issued to investors on Thursday. They currently have a GBX 2,160 ($28.64) price target on the stock. Deutsche Bank AG’s target price would suggest a potential upside of 20.67% from the stock’s current price.
Shares of Smurfit Kappa Group Plc (LON:SKG) opened at 1789.00 on Thursday. The company’s 50-day moving average is GBX 1,740.19 and its 200-day moving average is GBX 1,881.62. Smurfit Kappa Group Plc has a 52 week low of GBX 1,503.93 and a 52 week high of GBX 2,798.00. The firm’s market cap is GBX 4.19 billion.
Separately, Jefferies Group reiterated a “buy” rating and set a GBX 2,430 ($32.22) price objective on shares of Smurfit Kappa Group Plc in a research note on Wednesday, July 20th.
Smurfit Kappa Group plc and its subsidiaries are engaged in the manufacture of paper-based packaging products, with operations in Europe, Latin America, the United States and Canada. The Company manufactures, distributes and sells containerboard, corrugated containers and other paper-based packaging products, such as solidboard, graphic board and bag-in-box.