Smurfit Kappa Group Plc 24.3% Potential Upside Indicated by Numis

Broker Ratings
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Smurfit Kappa Group Plc using EPIC/TICKER code (LON:SKG) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at Numis. Smurfit Kappa Group Plc are listed in the Industrials sector within International Main Market. Numis have set a target price of 2700 EUR on its stock. This would indicate that the analyst believes there is a potential upside of 24.3% from today’s opening price of 2172 EUR. Over the last 30 and 90 trading days the company share price has decreased 118 points and decreased 52 points respectively. The 1 year high stock price is 3308 EUR while the 52 week low is 1915 EUR.

Smurfit Kappa Group Plc has a 50 day moving average of 2,288.52 GBX and a 200 Day Moving Average share price is recorded at 2,427.83. There are currently 237,511,371 shares in issue with the average daily volume traded being 511,953. Market capitalisation for LON:SKG is £5,734,776,643 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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