Smurfit Kappa Group Plc’s (SKG) “Buy” Rating Reiterated at Deutsche Bank AG

Smurfit Kappa Group Plc (LON:SKG)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank AG in a research note issued to investors on Thursday. They currently have a GBX 2,650 ($34.97) target price on the stock. Deutsche Bank AG’s price target indicates a potential upside of 18.09% from the stock’s previous close.

SKG has been the subject of a number of other reports. Numis Securities Ltd upped their price objective on shares of Smurfit Kappa Group Plc from GBX 2,400 ($31.67) to GBX 2,600 ($34.31) and gave the stock an “add” rating in a report on Thursday, August 3rd. Jefferies Group LLC upped their price target on shares of Smurfit Kappa Group Plc from GBX 2,550 ($33.65) to GBX 2,635 ($34.77) and gave the company a “buy” rating in a report on Tuesday, July 18th. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of Smurfit Kappa Group Plc to a “buy” rating and upped their price target for the company from GBX 2,600 ($34.31) to GBX 2,750 ($36.29) in a report on Tuesday, September 12th.

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Smurfit Kappa Group Plc Company Profile

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through two segments, Europe and the Americas. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.

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