RBC Capital analyst Arun Viswanathan maintained a Buy rating on Graphic Packaging (NYSE:GPK) Holding Company on Thursday, setting a price target of $19, which is approximately 16.14% above the present share price of $16.36.
Viswanathan expects Graphic Packaging (NYSE:PKG) Holding Company to post earnings per share (EPS) of $0.23 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Graphic Packaging, with an average price target of $19.
The analysts price targets range from a high of $19 to a low of $19.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.7 billion and a net profit of $128.1 million. The company's market cap is $4.38 billion.
According to TipRanks.com, RBC Capital analyst Arun Viswanathan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.8% and a 64.75% success rate.
Graphic Packaging Holding Co. provides paper-based packaging solutions for a variety of products to food, beverage and other consumer products companies. It also produces folding cartons, kraft paperboard, coated-recycled boxboard and multi-wall bags. The company operates through the following business segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The Paperboard Mills segment includes the eight North American paperboard mills which produce coated unbleached kraft paperboard and coated-recycled paperboard. The Americas Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets primarily in the Americas. The Europe Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage and consumer product markets in Europe. Graphic Packaging Holding was founded on December 28, 1992 and is headquartered in Atlanta, GA.