KeyBanc Maintains a Hold Rating on Graphic Packaging (GPK)
KeyBanc analyst Adam Josephson maintained a Hold rating on Graphic Packaging (GPK) today. The company’s shares closed last Monday at $14.20.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 9.6% and a 68.7% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Clearwater Paper.
Currently, the analyst consensus on Graphic Packaging is a Strong Buy with an average price target of $17.25.
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Based on Graphic Packaging’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $63.8 million. In comparison, last year the company had a net profit of $49.4 million.
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