Fintel reports that on October 15, 2024, Sidoti & Co. initiated coverage of Sylvamo (MUN:88L) with a Buy recommendation.
Analyst Price Forecast Suggests 35.80% Downside
As of December 20, 2023, the average one-year price target for Sylvamo is 50,49 €/share. The forecasts range from a low of 44,44 € to a high of 57,75 €. The average price target represents a decrease of 35.80% from its latest reported closing price of 78,65 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Sylvamo is 3,638MM, a decrease of 1.65%. The projected annual non-GAAP EPS is 5.16.
What is the Fund Sentiment?
There are 713 funds or institutions reporting positions in Sylvamo. This is an increase of 52 owner(s) or 7.87% in the last quarter. Average portfolio weight of all funds dedicated to 88L is 0.22%, an increase of 2.86%. Total shares owned by institutions decreased in the last three months by 0.54% to 41,141K shares.
What are Other Shareholders Doing?
Atlas FRM holds 6,312K shares representing 15.40% ownership of the company. No change in the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 2,261K shares representing 5.51% ownership of the company. In its prior filing, the firm reported owning 2,394K shares , representing a decrease of 5.90%. The firm increased its portfolio allocation in 88L by 8.97% over the last quarter.
Nomura Holdings holds 2,150K shares representing 5.24% ownership of the company. No change in the last quarter.
Lsv Asset Management holds 1,749K shares representing 4.27% ownership of the company. In its prior filing, the firm reported owning 1,758K shares , representing a decrease of 0.51%. The firm increased its portfolio allocation in 88L by 17.06% over the last quarter.
Royal London Asset Management holds 1,684K shares representing 4.11% ownership of the company. In its prior filing, the firm reported owning 1,957K shares , representing a decrease of 16.26%. The firm decreased its portfolio allocation in 88L by 2.10% over the last quarter.
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This story originally appeared on Fintel.
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