Buckeye Technologies Inc. (NYSE:BKI)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Goldman Sachs Group, Inc. (The) in a report issued on Wednesday. They currently have a $44.00 target price on the stock, up from their prior target price of $42.00. Goldman Sachs Group, Inc. (The)’s price target suggests a potential upside of 4.76% from the stock’s previous close.

Shares of Buckeye Technologies (NYSE BKI) traded up 1.607% during midday trading on Wednesday, reaching $42.675. The company had a trading volume of 1,519,379 shares. The company has a 50 day moving average of $42.00 and a 200 day moving average of $42.00. Buckeye Technologies has a 12-month low of $41.35 and a 12-month high of $42.88.

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Buckeye Technologies Company Profile

Buckeye Technologies Inc (Buckeye) is a producer of cellulose-based specialty products. The Company offers cellulose-based specialty products made from both wood and cotton and utilizing wetlaid and airlaid technologies. It operates manufacturing facilities in the United States, Canada and Germany. The Company’s product lines can be grouped into four categories: chemical cellulose, customized fibers, fluff pulp and nonwoven materials.

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