RBC Capital analyst Arun Viswanathan maintained a Buy rating on Graphic Packaging (GPK – Research Report) on April 23 and set a price target of $33.00. The company’s shares closed yesterday at $27.41.
Viswanathan covers the Basic Materials sector, focusing on stocks such as PPG Industries, Axalta Coating Systems, and Corteva. According to TipRanks, Viswanathan has an average return of 3.6% and a 55.49% success rate on recommended stocks.
Graphic Packaging has an analyst consensus of Moderate Buy, with a price target consensus of $29.93.
The company has a one-year high of $29.50 and a one-year low of $19.92. Currently, Graphic Packaging has an average volume of 2.78M.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GPK in relation to earlier this year.
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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.
