Graphic Packaging (NYSE:GPK) Sees Coverage Initiated By Jefferies with a $20.0000 Price

May 18, 2018 - By Linda Rogers

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.12, from 0.95 in 2017Q3. It increased, as 17 investors sold Graphic Packaging Holding Company shares while 86 reduced holdings. 44 funds opened positions while 66 raised stakes. 300.07 million shares or 1.81% more from 294.74 million shares in 2017Q3 were reported.

Macquarie Gp Ltd holds 0.01% or 520,195 shares. Jefferies Grp Ltd Company owns 83,423 shares for 0.01% of their portfolio. Quantitative Inv Mngmt Llc holds 0.13% of its portfolio in Graphic Packaging Holding Company (NYSE:GPK) for 566,400 shares. Moreover, Bancshares Of Montreal Can has 0.02% invested in Graphic Packaging Holding Company (NYSE:GPK) for 1.47M shares. Menta Ltd Liability Corp invested in 14,740 shares. Yorktown Mgmt Research Inc accumulated 22,000 shares. Key Grp (Cayman) Limited reported 0.08% stake. 50,000 are held by State Of New Jersey Common Pension Fund D. Atlantic Tru Gru Ltd Co holds 0% in Graphic Packaging Holding Company (NYSE:GPK) or 207 shares. Tributary Lc reported 115,100 shares. Natl Bank Of America De has invested 0.01% of its portfolio in Graphic Packaging Holding Company (NYSE:GPK). Moreover, Blackrock has 0.01% invested in Graphic Packaging Holding Company (NYSE:GPK) for 12.96M shares. Moreover, Schroder Inv Mngmt Grp has 0.11% invested in Graphic Packaging Holding Company (NYSE:GPK). Delta Asset Lc Tn stated it has 1,025 shares. Daiwa Securities Group Incorporated Inc holds 0.05% or 469,620 shares in its portfolio.

Why Has Jefferies Given Graphic Packaging (NYSE:GPK) a $20.0000 Price Target

In analysts report sent to clients and investors today, Jefferies analysts started Graphic Packaging (NYSE:GPK) coverage with “Buy” rating, and a $20.0000 TP.

Graphic Packaging Holding Company (NYSE:GPK) Ratings Coverage

Among 4 analysts covering Graphic Packaging (NYSE:GPK), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Graphic Packaging has $23.0 highest and $17 lowest target. $19.50’s average target is 31.22% above currents $14.86 stock price. Graphic Packaging had 7 analyst reports since January 10, 2018 according to SRatingsIntel. BMO Capital Markets maintained the shares of GPK in report on Thursday, January 25 with “Buy” rating. The firm has “Buy” rating given on Thursday, February 1 by RBC Capital Markets. The stock of Graphic Packaging Holding Company (NYSE:GPK) earned “Outperform” rating by BMO Capital Markets on Wednesday, February 7. The rating was maintained by RBC Capital Markets on Wednesday, April 25 with “Buy”. The firm has “Buy” rating by Stephens given on Wednesday, January 10. The stock has “Buy” rating by Citigroup on Thursday, April 5. The firm has “Buy” rating given on Tuesday, April 24 by BMO Capital Markets.

The stock increased 0.61% or $0.09 during the last trading session, reaching $14.86. About 380,710 shares traded. Graphic Packaging Holding Company (NYSE:GPK) has risen 19.37% since May 18, 2017 and is uptrending. It has outperformed by 7.82% the S&P500.

Analysts await Graphic Packaging Holding Company (NYSE:GPK) to report earnings on July, 24. They expect $0.19 earnings per share, up 26.67 % or $0.04 from last year’s $0.15 per share. GPK’s profit will be $58.96 million for 19.55 P/E if the $0.19 EPS becomes a reality. After $0.19 actual earnings per share reported by Graphic Packaging Holding Company for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Graphic Packaging Holding Company, together with its subsidiaries, provides paper packaging solutions to food, beverage, and other consumer products companies. The company has market cap of $4.61 billion. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. It has a 15.48 P/E ratio. The firm offers coated unbleached kraft and coated recycled paperboard (CRB) to various paperboard packaging converters and brokers; and paperboard folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets.

Another recent and important Graphic Packaging Holding Company (NYSE:GPK) news was published by Benzinga.com which published an article titled: “Benzinga’s Top Upgrades, Downgrades For May 18, 2018” on May 18, 2018.

Graphic Packaging Holding Company (NYSE:GPK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.