Core Insights - RIT Capital Partners holds $19,839,800 worth of Smurfit Westrock Plc shares, representing 2.49% of its portfolio, indicating confidence in the company's potential [1] - Seaport Global Securities upgraded Smurfit Westrock Plc from "Neutral" to "Buy," setting a price target of $52, reflecting optimism about the stock's future performance [2] - The investment firm believes the recent share price decline is due to investor concerns regarding European containerboard capacity expansion, but anticipates improvements in pricing for recycled containerboard medium [3] Company Overview - Smurfit Westrock Plc is engaged in the development and supply of packaging solutions globally, including corrugated boards, solid boards, and hexacomb packaging for various applications [5] - The company is expected to present a five-year strategy plan in February 2026, which may include $400 million in initial synergies, asset repositioning, cost reductions, and growth opportunities in its North American box business [4]
Seaport Global Securities Upgrades Smurfit Westrock Plc (SW) from “Neutral” to “Buy,” Sets $52 PT