skip to content

Market News

Smurfit Kappa downgraded by Jefferies

27 September 2016 14:06

Jefferies International has cut its recommendation on Smurfit Kappa (LON:SKG) to 'hold' from 'buy', cutting its price target to 1,915 pence per share (from 2,350 pence).

The broker reckons the paper and packaging group is facing building headwinds including rising raw material prices, the unsuccessful September price hike and peer capacity additions which could impact pricing and returns.

At 2:06pm: (LON:SKG) Smurfit Kappa Group PLC share price was -88.5p at 1715.5p

Story provided by

Related Company: SKG

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.