Graphic Packaging Holding Company Receives New Coverage from Analysts at BMO Capital Markets (GPK)
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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