Zacks Investment Research upgraded shares of Stora Enso Oyj (OTCMKTS:SEOAY) from a strong sell rating to a hold rating in a report released on Tuesday morning, reports.

According to Zacks, “Stora Enso is an integrated forest products company producing magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader. Stora Enso also conducts extensive sawmilling operations. To strengthen its market position and better serve customers in the United States, the company acquired the U.S.-based, Consolidated Papers, Inc. in 2000. “

A number of other equities analysts also recently issued reports on SEOAY. ValuEngine downgraded shares of Stora Enso Oyj from a sell rating to a strong sell rating in a research note on Monday, April 1st. Goldman Sachs Group upgraded shares of Stora Enso Oyj from a neutral rating to a buy rating in a research note on Tuesday, April 23rd.

OTCMKTS SEOAY opened at $11.00 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 1.35. Stora Enso Oyj has a 52-week low of $11.00 and a 52-week high of $21.48. The company has a market cap of $8.99 billion, a PE ratio of 6.96, a price-to-earnings-growth ratio of 0.98 and a beta of 1.19.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.

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