Graphic Packaging Holding Company (NYSE:GPK)‘s stock had its “hold” rating reissued by stock analysts at KeyCorp in a research note issued to investors on Wednesday.

Several other research analysts have also issued reports on the stock. BMO Capital Markets reissued a “buy” rating and set a $15.50 target price on shares of Graphic Packaging Holding in a research note on Friday, September 1st. Zacks Investment Research lowered Graphic Packaging Holding from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. DA Davidson reaffirmed a “buy” rating and issued a $16.50 target price (down from $17.50) on shares of Graphic Packaging Holding in a research report on Monday, August 21st. BidaskClub raised Graphic Packaging Holding from a “hold” rating to a “buy” rating in a research note on Wednesday, July 5th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $14.00 price target on shares of Graphic Packaging Holding in a research note on Wednesday, June 14th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $15.54.

Shares of Graphic Packaging Holding (NYSE GPK) traded up 0.84% during mid-day trading on Wednesday, reaching $14.34. The company’s stock had a trading volume of 977,168 shares. The firm has a market cap of $4.44 billion, a PE ratio of 26.60 and a beta of 1.16. Graphic Packaging Holding has a 12 month low of $12.00 and a 12 month high of $14.34. The company has a 50-day moving average of $13.33 and a 200-day moving average of $13.38.

Graphic Packaging Holding (NYSE:GPK) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. Graphic Packaging Holding had a return on equity of 18.22% and a net margin of 3.98%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the company earned $0.19 EPS. Graphic Packaging Holding’s revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts predict that Graphic Packaging Holding will post $0.68 earnings per share for the current year.

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Several hedge funds have recently added to or reduced their stakes in GPK. Assetmark purchased a new position in Graphic Packaging Holding in the 3rd quarter worth approximately $0. Nisa Investment Advisors LLC lifted its stake in Graphic Packaging Holding by 37.7% in the third quarter. Nisa Investment Advisors LLC now owns 7,300 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 2,000 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in Graphic Packaging Holding by 1.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 8,039 shares of the industrial products company’s stock worth $103,000 after acquiring an additional 116 shares during the period. Private Advisor Group LLC purchased a new stake in Graphic Packaging Holding in the first quarter worth $104,000. Finally, Van ECK Associates Corp lifted its stake in Graphic Packaging Holding by 1.6% in the second quarter. Van ECK Associates Corp now owns 7,630 shares of the industrial products company’s stock worth $105,000 after acquiring an additional 117 shares during the period. 95.00% of the stock is currently owned by institutional investors.

Graphic Packaging Holding Company Profile

Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.

Analyst Recommendations for Graphic Packaging Holding (NYSE:GPK)

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