RBC Capital analyst Matt McKellar reiterated a Hold rating on WestRock (WRK – Research Report) today and set a price target of $42.00. The company’s shares closed yesterday at $39.23.
According to TipRanks, McKellar is a 3-star analyst with an average return of 9.2% and a 50.00% success rate. McKellar covers the Consumer Cyclical sector, focusing on stocks such as WestRock, International Paper Co, and Cascades.
In addition to RBC Capital, WestRock also received a Hold from Seaport Global’s Mark Weintraub in a report issued on January 29. However, yesterday, Bank of America Securities reiterated a Buy rating on WestRock (NYSE: WRK).
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WRK market cap is currently $10.06B and has a P/E ratio of -5.83.
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WestRock (WRK) Company Description:
WestRock Co. engages in the provision of paper and packaging solutions for consumer, and corrugated packaging markets. It operates through the following segments: Corrugated Packaging, Consumer Packaging and Land & Development. The Corrugated Packaging segment consists of containerboard mill and corrugated packaging operations, as well as recycling operations. The Consumer Packaging segment offers consumer mills, folding carton, beverage, merchandising displays, home, health, and beauty dispensing, and partition operations. The Land and Development segment sells real estate. WestRock was founded on March 6, 2015 and is headquartered in Atlanta, GA.
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