Smurfit WestRock plc [SW] stock Initiated by Redburn Atlantic analyst, price target now $60

MAR Stock

Smurfit WestRock plc [NYSE: SW] slipped around -0.65 points on Tuesday, while shares priced at $48.77 at the close of the session, down -1.32%.

Compared to the average trading volume of 7.03M shares, SW reached a trading volume of 4199340 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Smurfit WestRock plc [SW]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SW shares is $57.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SW stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Redburn Atlantic have made an estimate for Smurfit WestRock plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 23, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price to Hold. The new note on the price target was released on July 29, 2024, representing the official price target for Smurfit WestRock plc stock. Previously, the target price had yet another raise to $60, while Morgan Stanley analysts kept a Overweight rating on SW stock.

The Average True Range (ATR) for Smurfit WestRock plc is set at 1.35, with the Price to Sales ratio for SW stock in the period of the last 12 months amounting to 1.07. The Price to Book ratio for the last quarter was 2.15, with the Price to Cash per share for the same quarter was set at 0.00. Price to Free Cash Flow for SW in the course of the last twelve months was 16.58 with Quick ratio for the last quarter at 1.92.

How has SW stock performed recently?

Smurfit WestRock plc [SW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.67. With this latest performance, SW shares gained by 2.85% in over the last four-week period, additionally plugging by 48.28% over the last 6 months – not to mention a rise of 52.56% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SW stock in for the last two-week period is set at 59.33, with the RSI for the last a single of trading hit 59.50, and the three-weeks RSI is set at 57.91 for Smurfit WestRock plc [SW]. The present Moving Average for the last 50 days of trading for this stock 45.14, while it was recorded at 49.12 for the last single week of trading.

Smurfit WestRock plc [SW]: Deeper insight into the fundamentals

Smurfit WestRock plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.92 and a Current Ratio set at 2.30.

Insider trade positions for Smurfit WestRock plc [SW]

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