Essity AB (publ) (OTCMKTS:ETTYF – Get Rating) had its target price cut by stock analysts at UBS Group from SEK 305 to SEK 300 in a report released on Thursday, The Fly reports. The brokerage currently has a “buy” rating on the stock.
Other research analysts also recently issued reports about the company. Credit Suisse Group raised Essity AB (publ) from a “neutral” rating to an “outperform” rating in a research note on Wednesday, May 11th. Barclays lifted their price target on Essity AB (publ) from SEK 231 to SEK 268 and gave the stock an “equal weight” rating in a research report on Monday, April 25th. JPMorgan Chase & Co. lifted their price target on Essity AB (publ) from SEK 250 to SEK 260 in a research report on Tuesday, April 26th. The Goldman Sachs Group raised Essity AB (publ) from a “sell” rating to a “neutral” rating in a research report on Friday, April 29th. Finally, Kepler Capital Markets lowered Essity AB (publ) from a “buy” rating to a “hold” rating in a report on Thursday, April 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $265.75.
Shares of ETTYF stock remained flat at $$26.20 during trading on Thursday. The stock has a 50 day moving average of $25.74 and a 200 day moving average of $27.13. Essity AB has a 12 month low of $23.25 and a 12 month high of $33.85.
Essity AB (publ) develops, produces, and sells hygiene and health products and services worldwide. It offers health and medical products, including incontinence products, wound care, compression therapy, orthopedics, skincare products, and digital solutions with sensor technology. It operates in Personal Care, Consumer Tissue, Professional Hygiene, and Other segments.
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