Today, an analyst has provided a rating update for the Consumer Goods sector company, Winpak Limited (WPK). The company received a Hold rating from GMP FirstEnergy’s analyst Ben Jekic, with a C$53 price target.
According to TipRanks.com, Jekic is ranked #2487 out of 5215 analysts.
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Currently, the analyst consensus on Winpak Limited is a Hold with an average price target of C$50.50.
Based on Winpak Limited’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$36.38 million. In comparison, last year the company had a net profit of C$50.38 million.
Winpak Ltd. engages in the manufacture and distribution of packaging materials and related packaging machines. Its products include health care, rigid, and flexible packaging, packaging machinery and parts, and flexible lidding. It operates through the following geographical segments: Canada, United States, and Other.
The company’s shares closed on Tuesday at C$45.57.
