RBC Capital analyst Arun Viswanathan maintained a Buy rating on Graphic Packaging (GPK – Research Report) on December 20 and set a price target of $31.00. The company’s shares closed yesterday at $24.50.
According to TipRanks, Viswanathan is a 5-star analyst with an average return of 5.9% and a 61.17% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Albemarle, Quaker Chemical, and LyondellBasell.
In addition to RBC Capital, Graphic Packaging also received a Buy from Truist Financial’s Michael Roxland in a report issued on December 13. However, on December 14, Jefferies maintained a Hold rating on Graphic Packaging (NYSE: GPK).
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $27.22 and a one-year low of $19.99. Currently, Graphic Packaging has an average volume of 3.08M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on GPK:
- Packaging Corp. pullback ‘quite modest’ considering price cuts, says Seaport
- Graphic Packaging downgraded to Market Perform from Strong Buy at Raymond James
- Graphic Packaging Holding Company Declares Quarterly Dividend
- Graphic Packaging upgraded to Buy at BofA after Q3 report
- Graphic Packaging upgraded to Buy from Neutral at BofA
