Graphic Packaging Holding Company (GPK) : The highest level Graphic Packaging Holding Company (GPK) is projected to reach is $16 for the short term and the lowest estimate is at $14. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $14.96 and the possibility the share price can swing is $0.66.
Graphic Packaging Holding Company (GPK), A drop of 138,869 shares or 3.5% was seen in the short interest of Graphic Packaging Holding Co. Even as the interest dropped from 3,968,769 shares on June 15,2016 to 3,829,900 shares on June 30,2016, the days to cover came in at 1. The updated interest stood at 1.2% of the stocks floats. The stock has seen an average daily volume of 3,344,247 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity analysts at the Brokerage firm Goldman Sachs assumes its rating on Graphic Packaging Holding Company (NYSE:GPK). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Goldman Sachs announces a current price target of $16.5 per share. The rating by the firm was issued on June 1, 2016.
Graphic Packaging Holding Company (NYSE:GPK): stock turned positive on Thursday. Though the stock opened at $13.16, the bulls momentum made the stock top out at $13.26 level for the day. The stock recorded a low of $13.07 and closed the trading day at $13.22, in the green by 0.99%. The total traded volume for the day was 3,340,420. The stock had closed at $13.09 in the previous days trading.
Graphic Packaging Holding Company is a provider of paper-based packaging solutions to food, beverage and other consumer products companies. The Company operates in four geographic areas, which includes the United States/Canada, Central/South America, Europe and Asia Pacific. The Companys paperboard packaging includes the design, manufacture and installation of packaging machinery related to the assembly of cartons, as well as the production and sale of corrugated medium and kraft paper from paperboard mills in the United States. It includes a system of mills and plants that produce a range of paperboard grades convertible into folding cartons. The Company offers various laminated, coated and printed packaging structures that are produced from its coated unbleached kraft (CUK), coated-recycled board (CRB), as well as other grades of paperboard that are purchased from third-party suppliers.