Graphic Packaging Holding Company (GPK) : Average target price received by Graphic Packaging Holding Company (GPK) is $15.18 with an expected standard deviation of $0.46. The most aggressive target on the stock is $16, whereas the most downbeat target is $15. 5 financial analysts are currently covering the stock.
Graphic Packaging Holding Company (GPK) : 5 brokerage houses believe that Graphic Packaging Holding Company (GPK) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 5 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.
Also, Major Brokerage house, Citigroup maintains its ratings on Graphic Packaging Holding Company (NYSE:GPK). In the latest research report, Citigroup raises the target price from $15.5 per share to $16 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on July 27, 2016.
Graphic Packaging Holding Company (NYSE:GPK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.38 and $14.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.56, notching a gain of 1.53% for the day. The total traded volume was 2,629,549 . The stock had closed at $14.34 on the previous day.
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.