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Jefferies International disclosed Smurfit Kappa Group PLC (LON:SKG), hiking its price target to 2,310.00GBX earlier today

Yesterday Smurfit Kappa Group PLC (LON:SKG) traded -0.47% lower at 2,160.50GBX. The company’s 50-day moving average is 2,048.05GBX and its 200-day moving average is 1,875.23GBX. The last closing price is up 13.55% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. 455,896 shares of the stock traded hands, down from an average trading volume of 566,403

Reporting a potential upside of 0.07%, Jefferies International increased the stock price target of Smurfit Kappa Group PLC (LON:SKG) to 2,310.00GBX

Previously on 02/01/2016, Deutsche reported on Smurfit Kappa Group PLC (LON:SKG) increased the target price from 0.00GBX to 30.00GBX. At the time, this indicated a possible downside of -0.99%.

See Chart Below

Smurfit Kappa Group PLC (LON:SKG)

Smurfit Kappa Group PLC has a 52 week low of 1,503.93GBX and a 52 week high of 2,290.00GBX with a PE ratio of 10.57 Smurfit Kappa Group PLC’s market capitalization is currently 0 GBX.

In addition to Jefferies International reporting its stock price target, a total of 3 brokerages have issued a ratings update on the company. The average stock price target is 29.17GBX with 1 brokerage rating the stock a strong buy, 2 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Smurfit Kappa Group PLC (LON:SKG)

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