A director at Swedish Match AB sold 37,500 shares at 116.000SEK and the significance rating of the trade was 87/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The general evaluation of SWEDISH MATCH (SE), a company active in the Tobacco industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date March 12, 2021, the closing price was SEK 645.00 and its potenti...
We expect Q3 EBIT from product areas of SEK1,734m, in line with consensus (Infront, 20 October) and up 8% YOY, with this growth entirely driven by the Smokeless segment (ZYN nicotine pouches in particular), more than offsetting fairly stable Cigars. The Q3 results are due at 08:15 CET on 27 October. We have fine-tuned our estimates, mainly owing to FX; we do not consider these changes to be material and have not changed our BUY recommendation. We reiterate our SEK760 target price.
Swedish Match’s vision is a world without cigarettes. The company is committed to displacing cigarettes by continuing to develop and commercialise alternative and dramatically safer sources of nicotine, which will improve public health. By growing the awareness of the company's products, people from other geographies could find substitutes to cigarette smoking. Moreover, having emission goals extended to 2050 ensures a long-term and sustainable approach to the company's environmental footprint...
We have raised our target price to SEK760 (720) and reiterate our BUY after further increasing our estimates due to ZYN’s strong US growth progress (H1 shipments exceeded its entire 2019). With further earnings and cash flow growth delivery driven by the Smokefree segment (in particular ZYN US shipments and price/mix in Scandinavian snus), we expect the stock to continue to perform well.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.