Buckeye Technologies traded up 2.73% on Tuesday, hitting $28.96. Buckeye Technologies has a 1-year low of $22.45 and a 1-year high of $38.50. The company has a market cap of $1.141 billion and a price-to-earnings ratio of 15.15.
Separately, analysts at UBS AG (NYSE: UBS) upgraded shares of Buckeye Technologies from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $36.00 price target on the stock.
Buckeye Technologies Inc. (Buckeye) is a producer of cellulose-based specialty products. Buckeye is the manufacturer in the world offering cellulose-based specialty products made from both wood and cotton and utilizing wetlaid and airlaid technologies.