Smurfit Kappa Group Plc 21.9% Potential Upside Indicated by Jefferies International

Broker Ratings
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Smurfit Kappa Group Plc with EPIC/TICKER (LON:SKG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. Smurfit Kappa Group Plc are listed in the Industrials sector within International Main Market. Jefferies International have set their target price at 2900 EUR on its stock. This now indicates the analyst believes there is a possible upside of 21.9% from today’s opening price of 2379 EUR. Over the last 30 and 90 trading days the company share price has increased 207 points and increased 183 points respectively. The 1 year high share price is 3308 EUR while the year low share price is currently 1915 EUR.

Smurfit Kappa Group Plc has a 50 day moving average of 2,272.34 GBX and a 200 Day Moving Average share price is recorded at 2,601.97. There are currently 237,499,639 shares in issue with the average daily volume traded being 661,924. Market capitalisation for LON:SKG is £6,465,201,536 GBP.

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    Smurfit Kappa Group plc announces its full year results for 2023, with highlights including revenue of €11.3 billion, EBITDA of €2,080 million, and a return on capital employed of 17.1%.

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