Citigroup analyst Anthony Pettinari maintained a Buy rating on WestRock (WRK) today and set a price target of $36.00. The company’s shares closed last Thursday at $29.69.
According to TipRanks.com, Pettinari is a 5-star analyst with an average return of 14.6% and a 72.4% success rate. Pettinari covers the Industrial Goods sector, focusing on stocks such as International Paper Co, Berry Global Group, and Silgan Holdings.
WestRock has an analyst consensus of Moderate Buy, with a price target consensus of $32.29.
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WestRock’s market cap is currently $7.74B and has a P/E ratio of 8.90. The company has a Price to Book ratio of 20.37.
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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, 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.
