Swedish Match AB (publ) (OTCMKTS:SWMAY) Receives $110.75 Average PT from Brokerages

Shares of Swedish Match AB (publ) (OTCMKTS:SWMAYGet Rating) have received a consensus rating of “Hold” from the ten ratings firms that are presently covering the company, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $110.75.

A number of research analysts recently issued reports on SWMAY shares. JPMorgan Chase & Co. lifted their price target on shares of Swedish Match AB (publ) from SEK 81 to SEK 106 and gave the stock a “neutral” rating in a research note on Monday, July 25th. Jefferies Financial Group upgraded shares of Swedish Match AB (publ) from an “underperform” rating to a “hold” rating in a research note on Thursday, May 19th. UBS Group downgraded shares of Swedish Match AB (publ) from a “buy” rating to a “neutral” rating in a research note on Monday, May 16th. Morgan Stanley lifted their price target on shares of Swedish Match AB (publ) from SEK 80 to SEK 106 and gave the stock an “equal weight” rating in a research note on Monday, May 16th. Finally, Credit Suisse Group boosted their price objective on shares of Swedish Match AB (publ) from SEK 88 to SEK 106 and gave the stock an “outperform” rating in a research report on Tuesday, May 17th.

Swedish Match AB (publ) Stock Up 1.2 %

Shares of Swedish Match AB (publ) stock opened at $10.18 on Thursday. Swedish Match AB has a 52-week low of $6.00 and a 52-week high of $10.65. The company has a 50 day moving average of $10.17 and a 200 day moving average of $9.21. The company has a market capitalization of $15.52 billion, a P/E ratio of 23.14 and a beta of 0.45.

About Swedish Match AB (publ)

(Get Rating)

Swedish Match AB (publ) develops, manufactures, markets, and sells snus and moist snuff, lights, and other tobacco products in Scandinavia, the United States, and internationally. The company operates through Smokefree, Cigars, and Lights segments. It provides snus and pouch products, nicotine pouches, nicotine free products, and moist snuff under the General, Göteborgs Rapé, Kaliber, Kronan, Ettan, Grov, Catch, G.3, The Lab, Nick & Johnny, Thunder, VOLT, Swave, ZYN, G.4, Onico, Qvitt, Longhorn, and Timber Wolf brand names.

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Analyst Recommendations for Swedish Match AB (publ) (OTCMKTS:SWMAY)

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