Danske Upgrades Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) to Buy


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Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF) was upgraded by equities research analysts at Danske from a “hold” rating to a “buy” rating in a research report issued on Monday, The Fly reports.

SVCBF has been the subject of a number of other reports. UBS Group reissued a “sell” rating on shares of Svenska Cellulosa Aktiebolaget SCA (publ) in a research report on Friday, April 16th. Exane BNP Paribas raised shares of Svenska Cellulosa Aktiebolaget SCA (publ) from a “neutral” rating to an “outperform” rating in a research report on Monday, April 26th. Finally, BNP Paribas raised shares of Svenska Cellulosa Aktiebolaget SCA (publ) from a “neutral” rating to an “outperform” rating in a research report on Monday, April 26th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold”.

OTCMKTS SVCBF opened at $17.91 on Monday. The company has a 50 day simple moving average of $18.45 and a 200-day simple moving average of $16.77. Svenska Cellulosa Aktiebolaget SCA has a 52-week low of $10.09 and a 52-week high of $19.40.

Svenska Cellulosa Aktiebolaget SCA (publ) Company Profile

Svenska Cellulosa AB engages in the business of forest products. It operates through the following segments: Forest, Wood, Pulp, Paper, and Other Operations. The Forest segment focuses on forest industry operations. The Wood segment comprises five sawmills in Sweden, wood processing units with planning mills in Sweden, the United Kingdom & France and a distribution and wholesale business.

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Analyst Recommendations for Svenska Cellulosa Aktiebolaget SCA (publ) (OTCMKTS:SVCBF)

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