Is Graphic Packaging Holding (NYSE:GPK) Finally Worth Your Time? What Does Jefferies Think?

May 18, 2018 - By Samual Williams

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.12, from 0.95 in 2017Q3. It is positive, 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.

New Mountain Vantage Advisers Limited Liability Com accumulated 2.37M shares or 2.78% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Graphic Packaging Holding Company (NYSE:GPK). D E Shaw & Commerce has 5.16M shares for 0.11% of their portfolio. Clear Harbor Asset Mngmt Ltd Liability Co reported 0.1% in Graphic Packaging Holding Company (NYSE:GPK). Fincl Bank Of America Corporation De reported 0.01% of its portfolio in Graphic Packaging Holding Company (NYSE:GPK). Ngam Advisors L P has invested 0.06% in Graphic Packaging Holding Company (NYSE:GPK). Stratos Wealth Ptnrs Limited owns 973 shares or 0% of their US portfolio. Millennium Management Ltd Limited Liability Company stated it has 378,223 shares. Eagle Boston Inv Inc holds 0.02% or 12,424 shares. Parkside Retail Bank accumulated 4,731 shares. Cubist Systematic Strategies Ltd invested in 11,288 shares. Lazard Asset Mgmt accumulated 3.01M shares or 0.09% of the stock. Stanley holds 0.15% of its portfolio in Graphic Packaging Holding Company (NYSE:GPK) for 44,649 shares. Moreover, Wealthtrust Fairport Lc has 0.02% invested in Graphic Packaging Holding Company (NYSE:GPK). Moreover, Aqr Cap has 0.03% invested in Graphic Packaging Holding Company (NYSE:GPK).

Why Has Jefferies Given Graphic Packaging Holding (NYSE:GPK) a $20 Price Target

New York: Graphic Packaging Holding (NYSE:GPK) coverage was started with a key ‘Buy’ rating as well as a $20 target price per share at Jefferies. The target by Jefferies would suggest upside of 35.41 % from the stock close price.

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 32.02% above currents $14.77 stock price. Graphic Packaging had 7 analyst reports since January 10, 2018 according to SRatingsIntel. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, February 7. The firm has “Buy” rating given on Wednesday, April 25 by RBC Capital Markets. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, January 25 report. RBC Capital Markets maintained Graphic Packaging Holding Company (NYSE:GPK) on Thursday, February 1 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, April 24. Citigroup maintained the stock with “Buy” rating in Thursday, April 5 report. The stock of Graphic Packaging Holding Company (NYSE:GPK) earned “Buy” rating by Stephens on Wednesday, January 10.

The stock increased 3.87% or $0.55 during the last trading session, reaching $14.77. About 6.64 million shares traded or 110.04% up from the average. 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 EPS, up 26.67 % or $0.04 from last year’s $0.15 per share. GPK’s profit will be $58.96 million for 19.43 P/E if the $0.19 EPS becomes a reality. After $0.19 actual EPS 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 $4.58 billion. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. It has a 15.39 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.

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

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