Graphic Packaging Holding Given New $13.00 Price Target at Jefferies Group (GPK)
Jefferies Group increased their target price on shares of Graphic Packaging Holding (NYSE:GPK) from $12.00 to $13.00 in a research note issued on Monday, AnalystRatings.NET reports. Jefferies Group’s price target points to a potential upside of 25.97% from the company’s current price.
A number of other firms have also recently commented on GPK. Analysts at Longbow Research reiterated a “buy” rating on shares of Graphic Packaging Holding in a research note on Friday. They now have a $12.50 price target on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of Graphic Packaging Holding from $11.00 to $13.00 in a research note on Friday, February 7th. One analyst has rated the stock with a hold rating and two have given a buy rating to the stock. Graphic Packaging Holding currently has a consensus rating of “Buy” and an average target price of $11.13.
Graphic Packaging Holding (NYSE:GPK) traded down 1.24% on Monday, hitting $10.32. The stock had a trading volume of 3,450,884 shares. Graphic Packaging Holding has a 52-week low of $7.26 and a 52-week high of $10.60. The stock’s 50-day moving average is $10.09 and its 200-day moving average is $9.46. The company has a market cap of $3.351 billion and a P/E ratio of 24.88.
Graphic Packaging Holding (NYSE:GPK) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. Analysts expect that Graphic Packaging Holding will post $0.65 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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