Zacks Investment Research Lowers Svenska Cellulosa AB (SVCBY) to Hold

Zacks Investment Research cut shares of Svenska Cellulosa AB (OTCMKTS:SVCBY) from a buy rating to a hold rating in a research note published on Friday morning.

According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “

Separately, ValuEngine cut Svenska Cellulosa AB from a buy rating to a hold rating in a research report on Tuesday, August 1st.

Svenska Cellulosa AB (OTCMKTS:SVCBY) opened at $9.35 on Friday. Svenska Cellulosa AB has a 12-month low of $6.92 and a 12-month high of $35.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.42 and a current ratio of 0.73. The firm has a market capitalization of $5,962.95, a PE ratio of 16.40, a PEG ratio of 2.47 and a beta of 0.71.

TRADEMARK VIOLATION NOTICE: “Zacks Investment Research Lowers Svenska Cellulosa AB (SVCBY) to Hold” was first reported by Markets Daily and is the sole property of of Markets Daily. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/11/13/zacks-investment-research-lowers-svenska-cellulosa-ab-svcby-to-hold.html.

About Svenska Cellulosa AB

Svenska Cellulosa SCA AB is a Sweden-based forest products company that develops solid-wood products, pulp, kraftliner, publication papers and renewable energy. The Company consists of five business units: Forest, Wood, Pulp, Paper, Renewable Energy, and supporting unit Sourcing & Logistics. The Forest unit comprises management of over two million hectares forestland, which is used for timber production.

Get a free copy of the Zacks research report on Svenska Cellulosa AB (SVCBY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Svenska Cellulosa AB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Svenska Cellulosa AB and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply