DNB Markets upgraded shares of UPM-Kymmene Oyj (OTCMKTS:UPMMY) from a hold rating to a buy rating in a report published on Monday morning, The Fly reports.
Several other analysts also recently commented on the company. Credit Suisse Group reissued a neutral rating on shares of UPM-Kymmene Oyj in a research note on Thursday, October 28th. UBS Group reissued a neutral rating on shares of UPM-Kymmene Oyj in a report on Wednesday, October 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Hold.
Shares of UPM-Kymmene Oyj stock opened at $38.94 on Monday. UPM-Kymmene Oyj has a one year low of $34.43 and a one year high of $41.77. The stock’s 50-day moving average is $37.61 and its 200 day moving average is $38.08.
About UPM-Kymmene Oyj
UPM-Kymmene Oyj engages in the forest-based bio industry. It operates through UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for the petrochemical industry.
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