Graphic Packaging Holding Company (GPK) Receives $15.79 Average Target Price from Analysts

Shares of Graphic Packaging Holding Company (NYSE:GPK) have been given an average rating of “Buy” by the twelve analysts that are currently covering the firm. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $15.79.

Several research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Graphic Packaging Holding Company from a “sell” rating to a “hold” rating in a research report on Thursday. KeyCorp restated a “hold” rating on shares of Graphic Packaging Holding Company in a research report on Tuesday, February 7th. Goldman Sachs Group, Inc. (The) downgraded shares of Graphic Packaging Holding Company from a “conviction-buy” rating to a “buy” rating and set a $15.50 price target for the company. in a research report on Friday, January 27th. Jefferies Group LLC downgraded shares of Graphic Packaging Holding Company from a “buy” rating to a “hold” rating and reduced their price target for the stock from $15.00 to $14.00 in a research report on Friday, January 20th. Finally, Bank of America Corporation upgraded shares of Graphic Packaging Holding Company from a “neutral” rating to a “buy” rating in a report on Wednesday, December 7th. They noted that the move was a valuation call.

Graphic Packaging Holding Company (NYSE:GPK) opened at 13.05 on Thursday. The firm’s 50 day moving average price is $12.73 and its 200 day moving average price is $13.28. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of 18.38 and a beta of 1.20. Graphic Packaging Holding Company has a 12 month low of $11.05 and a 12 month high of $14.70.

Graphic Packaging Holding Company (NYSE:GPK) last released its quarterly earnings results on Tuesday, February 7th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.01. Graphic Packaging Holding Company had a return on equity of 21.46% and a net margin of 5.30%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter last year, the company earned $0.19 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, equities research analysts predict that Graphic Packaging Holding Company will post $0.77 EPS for the current fiscal year.

Several hedge funds have recently bought and sold shares of GPK. Wedge Capital Management L L P NC purchased a new stake in Graphic Packaging Holding Company during the second quarter valued at $751,000. Ngam Advisors L.P. boosted its stake in Graphic Packaging Holding Company by 8.6% in the second quarter. Ngam Advisors L.P. now owns 567,217 shares of the company’s stock valued at $7,113,000 after buying an additional 44,874 shares during the period. Wright Investors Service Inc. purchased a new stake in Graphic Packaging Holding Company during the second quarter valued at $443,000. Neuberger Berman Group LLC purchased a new stake in Graphic Packaging Holding Company during the second quarter valued at $212,000. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in Graphic Packaging Holding Company by 8.9% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 5,832,825 shares of the company’s stock valued at $73,144,000 after buying an additional 476,375 shares during the period. 96.10% of the stock is owned by institutional investors and hedge funds.

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About Graphic Packaging Holding Company

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, Flexible Packaging, and Corporate and Other.

5 Day Chart for NYSE:GPK

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