Merrill Lynch analyst George Staphos maintained a Buy rating on WestRock (NYSE:WRK) LLC on Tuesday, setting a price target of $41, which is approximately 19.39% above the present share price of $34.34.
Staphos expects WestRock LLC to post earnings per share (EPS) of $0.57 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in WestRock, with an average price target of $34.83.
The analysts price targets range from a high of $44 to a low of $26.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.45 billion and a net profit of $285.2 million. The company's market cap is $8.92 billion.
According to TipRanks.com, Merrill Lynch analyst George Staphos is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.1% and a 59.86% success rate.
WestRock Co . engages in the provision of paper and packaging solutions for consumer, and corrugated packaging markets. It operates through the following segments: Corrugated Packaging (NYSE:PKG), Consumer Packaging and Land & Development. The Corrugated Packaging segment consists of containerboard mill and corrugated packaging operations, as well as recycling operations. The Consumer Packaging segment offers consumer mills, folding carton, beverage, merchandising displays, home, health, and beauty dispensing, and partition operations. The Land and Development segment sells real estate. WestRock was founded on March 6, 2015 and is headquartered in Atlanta, GA.