Stora Enso OYJ (SEOAY) Rating Increased to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Stora Enso OYJ (NASDAQ:SEOAY) from a sell rating to a hold rating in a research report sent to investors on Wednesday.

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. “

Stora Enso OYJ (NASDAQ:SEOAY) opened at 9.07 on Wednesday. The firm has a market cap of $7.15 billion and a P/E ratio of 8.08. The stock has a 50 day moving average price of $8.94 and a 200 day moving average price of $8.62. Stora Enso OYJ has a 52-week low of $7.40 and a 52-week high of $10.12.

Stora Enso OYJ Company Profile

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