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Equities research analysts at BMO Capital Markets assumed coverage on shares of Graphic Packaging Holding Company (NYSE:GPK) in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.

Graphic Packaging Holding Company (NYSE:GPK) opened at 12.82 on Thursday. Graphic Packaging Holding Company has a 52-week low of $8.05 and a 52-week high of $12.99. The stock has a 50-day moving average of $12.20 and a 200-day moving average of $11.0. The company has a market cap of $4.192 billion and a price-to-earnings ratio of 50.71.

Graphic Packaging Holding Company (NYSE:GPK) last released its earnings data on Thursday, July 24th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Analysts expect that Graphic Packaging Holding Company will post $0.71 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on GPK. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Graphic Packaging Holding Company in a research note on Wednesday, July 30th. They now have a $14.50 price target on the stock, up previously from $14.00. Separately, analysts at Zacks upgraded shares of Graphic Packaging Holding Company from a “neutral” rating to an “outperform” rating in a research note on Friday, July 25th. They now have a $12.90 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Graphic Packaging Holding Company from $13.00 to $15.00 in a research note on Friday, July 11th. They now have a “buy” rating on the stock. Five investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $13.58.

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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