National Bankshares Increases Winpak (TSE:WPK) Price Target to C$48.00

Winpak (TSE:WPK) had its price objective lifted by analysts at National Bankshares from C$47.00 to C$48.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 1.61% from the company’s current price.

Winpak Stock Up 4.3%

Shares of Winpak stock opened at C$47.24 on Thursday. The firm has a market cap of C$2.86 billion, a PE ratio of 21.18, a P/E/G ratio of 4.44 and a beta of 0.31. Winpak has a twelve month low of C$37.57 and a twelve month high of C$47.28. The business has a 50-day moving average price of C$44.63 and a 200 day moving average price of C$42.95.

Winpak (TSE:WPK) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported C$60.00 EPS for the quarter. The company had revenue of C$394.42 million for the quarter. Winpak had a return on equity of 10.82% and a net margin of 13.17%. On average, sell-side analysts expect that Winpak will post 3.5432473 EPS for the current year.

About Winpak

Winpak’s vision is to provide the best packaging solutions for people and planet. Winpak manufactures and distributes high-quality packaging materials and innovative packaging machines, primarily used for the protection of perishable foods, beverages, pharmaceuticals, medical and personal care. Winpak specializes in three main streams of packaging – Flexible Packaging, Rigid Packaging & Lidding, and Packaging Machinery. The Company is closely aligned with Wipak, one of Europe’s leading manufacturers of packaging materials.