In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Ranpak Holdings (PACK – Research Report). The company’s shares closed yesterday at $7.51.
Palm covers the Technology sector, focusing on stocks such as Faro Technologies, nLIGHT, and Markforged Holding. According to TipRanks, Palm has an average return of 9.3% and a 51.92% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ranpak Holdings with a $6.00 average price target.
The company has a one-year high of $8.29 and a one-year low of $2.63. Currently, Ranpak Holdings has an average volume of 748.3K.
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.
Ranpak Holdings (PACK) Company Description:
Ranpak Holdings is a leading provider of environmentally friendly (paper-based) and high-quality protective packaging solutions for e-commerce and industrial supply chains.
