Suzano S.A. Sponsored ADR (NYSE:SUZ) Receives $12.20 Consensus Target Price from Analysts

Suzano S.A. Sponsored ADR (NYSE:SUZ) has earned an average rating of “Hold” from the five research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.20.

SUZ has been the topic of several research reports. Zacks Research downgraded shares of Suzano from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Weiss Ratings upgraded shares of Suzano from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Jefferies Financial Group began coverage on shares of Suzano in a research report on Thursday, February 5th. They set a “buy” rating and a $13.40 target price on the stock. Finally, Bank of America lowered shares of Suzano from a “buy” rating to a “neutral” rating and set a $11.00 target price on the stock. in a research report on Tuesday, April 7th.

Suzano Stock Performance

NYSE:SUZ opened at $8.31 on Friday. The firm’s 50-day moving average is $9.30 and its 200-day moving average is $9.55. Suzano has a 52-week low of $8.11 and a 52-week high of $11.53. The company has a debt-to-equity ratio of 1.81, a quick ratio of 2.80 and a current ratio of 3.51. The company has a market cap of $10.30 billion, a price-to-earnings ratio of 4.94, a PEG ratio of 0.18 and a beta of 0.59.

Institutional Trading of Suzano

Institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd boosted its position in shares of Suzano by 11,502.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,293 shares of the company’s stock valued at $40,000 after acquiring an additional 4,256 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of Suzano during the 1st quarter valued at about $51,000. Parallel Advisors LLC boosted its position in Suzano by 71.7% in the third quarter. Parallel Advisors LLC now owns 9,341 shares of the company’s stock valued at $88,000 after buying an additional 3,901 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Suzano by 16.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,017 shares of the company’s stock valued at $93,000 after buying an additional 1,400 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Suzano in the third quarter valued at about $94,000. 2.55% of the stock is currently owned by institutional investors and hedge funds.

About Suzano

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world’s leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano’s business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.