Strong BUY for MetsaBoard

8/15/16

According to Factset around 80% of the analysts following Finnish stock exchange give a BUY recommendation to MetsaBoard. This places it as the top stock traded in Helsinki stock exchange. Despite the slower than expected running in of the new Husum folding boxboard machine, it should be running at full speed by the end of the year. Next year's forecast is positive with the target price as EUR 5.70. On Friday 12th of August 2016 it was trading at EUR 5.14.

MetsaBoard has also announced that they are planning to close down the loss-making wallpaper baseboard machine in Kyroskoski, Finland.

Source: Elo, Emil "Metsa Boardiin ladattu odotuksia" Kauppalehti (15.8.2016)

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