RBC Capital analyst Arun Viswanathan maintained a Buy rating on Graphic Packaging (GPK – Research Report) on January 10 and set a price target of $30.00. The company’s shares closed yesterday at $25.75.
According to TipRanks, Viswanathan is a 5-star analyst with an average return of 6.2% and a 60.65% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as LyondellBasell, PPG Industries, and Quaker Chemical.
Graphic Packaging has an analyst consensus of Moderate Buy, with a price target consensus of $27.57, a 7.07% upside from current levels. In a report released on January 4, Truist Financial also maintained a Buy rating on the stock with a $32.00 price target.
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GPK market cap is currently $8.03B and has a P/E ratio of 11.89.
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Graphic Packaging (GPK) Company Description:
Graphic Packaging Holding Co. provides paper-based packaging solutions for a variety of products to food, beverage and other consumer products companies. It also produces folding cartons, kraft paperboard, coated-recycled boxboard and multi-wall bags. The company operates through the following business segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The Paperboard Mills segment includes the eight North American paperboard mills which produce coated unbleached kraft paperboard and coated-recycled paperboard. The Americas Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets primarily in the Americas. The Europe Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage and consumer product markets in Europe. Graphic Packaging Holding was founded on December 28, 1992 and is headquartered in Atlanta, GA.
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