Robert W. Baird Increases Graphic Packaging Holding Price Target to $13.00 (GPK)
Robert W. Baird hoisted their price objective on shares of Graphic Packaging Holding (NYSE:GPK) from $11.00 to $13.00 in a research note issued on Friday, American Banking & Market News reports. Robert W. Baird’s target price would indicate a potential upside of 31.45% from the stock’s previous close.
Graphic Packaging Holding (NYSE:GPK) traded up 3.67% on Friday, hitting $9.89. 5,712,408 shares of the company’s stock traded hands. Graphic Packaging Holding has a 52-week low of $7.05 and a 52-week high of $9.94. The stock has a 50-day moving average of $9.38 and a 200-day moving average of $8.81. The company has a market cap of $3.448 billion and a P/E ratio of 27.73.
Graphic Packaging Holding (NYSE:GPK) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.13 by $0.04. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the company posted $0.08 earnings per share. Graphic Packaging Holding’s revenue was up 2.1% compared to the same quarter last year. Analysts expect that Graphic Packaging Holding will post $0.63 EPS for the current fiscal year.
Graphic Packaging Holding Company (NYSE:GPK) is a provider of packaging solutions for a variety of products to food, beverage and other consumer products companies.
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