Glatfelter (NYSE: GLT) downgraded to Hold with price target $23 by Deutsche Bank
Deutsche Bank downgraded Glatfelter (NYSE: GLT) to Hold with price
target $23. Deutsche Bank rated Glatfelter (NYSE: GLT) to Buy with price target $31 on 04/16/2014, when the price was $25.51.
P. H. Glatfelter
Company is a manufacturer of specialty papers and engineered products. The Company owns and operates paper mills located in Pennsylvania, Ohio, Germany, the United Kingdom and France and Philippines. The Company serves customers in numerous markets, including book publishing, carbonless and forms, envelope and converting, engineered products, food and beverage, composite laminates and other technical markets. Some of its key product offerings include papers for trade book publishing, carbonless products, tea bags and coffee filters, specialized envelopes, playing cards, pressure-sensitive postage stamps, metallized papers for labels and packaging, and digital imaging applications. The Company manages its business as two distinct units: the North America-based Specialty Papers business unit and the Europe-based Composite Fibers business unit.
is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank
. This division is one of the largest global asset managers.