A statement released earlier today by Numis about Powerflute Oyj (LON:POWR) maintains the target price at 105.00GBX
- Updated: September 17, 2016
In a statement issued on 8/16/2016 Numis maintained the target price of Powerflute Oyj (LON:POWR) at 105GBX stating a possible upside of 0.49%.
On Monday July 25 2016, Numis released a statement about Powerflute Oyj(LON:POWR) upped the target price at 105.00GBX that indicated a possible upside of 0.51%.
Showing a price of 70.38GBX, Powerflute Oyj (LON:POWR) traded 0.00% even on the day. The last stock price is down 17.13% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time. Powerflute Oyj has logged a 50-day average of 74.54GBX and two hundred day moving average of 75.98GBX. 12,428,440 shares of the stock traded hands, up from ann avg. trading volume of 988,302
See Graphic Below:
Powerflute Oyj has a 52 week low of 62.00GBX and a one-year high of 100.98GBX with a P/E ratio of 9. Powerflute Oyj’s market capitalization is presently 0.0 GBX.
A total of 1 equity analyst has issued a research note on the stock. One analyst rate the company a strong buy, one analyst rate the company a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and finally 0 analystsrate the company as sell with a 12-month target stock price of 1.54GBX
More About Powerflute Oyj (LON:POWR)
Powerflute Oyj (Powerflute) is a paper and packaging company. The Company operates in two segments: Packaging Papers and Coreboard and Cores. Its Packaging Papers trades under the name Power flute, which is engaged in the production and sale of Nordic semi-chemical fluting for use in corrugated-box applications and operates a fluting mill in Kuopio, Finland. Its Coreboard and Cores trades under the name Corenso, which is engaged in the manufacture of coreboard and cores, with coreboard mills in the Europe and the United States and a network of core producing facilities in Europe, the United States and China. Powerflute has a 47.4% interest in Harvestia Oy, which is a wood supply company, organizing the procurement, harvesting and delivery of wood and other forest products to users in the paper, sawmill, energy and biofuel sectors. The Company’s subsidiaries include Savon Sellu Oy, Coated Papers Finland Oy, Corenso Svenska AB, Backe Emballage AB and Corenso (UK) Ltd, and among others.
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