Fintel reports that on January 21, 2025, Truist Securities initiated coverage of Smurfit Westrock (NYSE:SW) with a Buy recommendation.
Analyst Price Forecast Suggests 11.09% Upside
As of December 23, 2024, the average one-year price target for Smurfit Westrock is $61.09/share. The forecasts range from a low of $50.50 to a high of $71.40. The average price target represents an increase of 11.09% from its latest reported closing price of $54.99 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is 4.17.
What is the Fund Sentiment?
There are 743 funds or institutions reporting positions in Smurfit Westrock. This is an increase of 603 owner(s) or 430.71% in the last quarter. Average portfolio weight of all funds dedicated to SW is 0.35%, an increase of 21.98%. Total shares owned by institutions increased in the last three months by 2,996.08% to 407,323K shares. 
The put/call ratio of SW is 0.05, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital Research Global Investors holds 18,121K shares representing 3.50% ownership of the company.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 16,435K shares representing 3.17% ownership of the company.
Nuveen Asset Management holds 13,670K shares representing 2.64% ownership of the company.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 13,001K shares representing 2.51% ownership of the company.
VFINX - Vanguard 500 Index Fund Investor Shares holds 12,926K shares representing 2.49% ownership of the company.
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This story originally appeared on Fintel.
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