Is Jefferies Positive On Shares of Graphic Packaging (NYSE:GPK)?

May 18, 2018 - By Julie Dion

Investors sentiment increased to 1.07 in 2017 Q4. 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.

Goldman Sachs Grp owns 4.70M shares or 0.02% of their US portfolio. 10,345 are held by Envestnet Asset Management. M&T Natl Bank Corporation accumulated 54,645 shares. Prudential Financial has 0% invested in Graphic Packaging Holding Company (NYSE:GPK) for 17,389 shares. Narwhal Capital holds 0.38% or 106,290 shares in its portfolio. Guyasuta Advisors Inc holds 0.13% or 74,820 shares. Artemis Inv Mgmt Limited Liability Partnership reported 354,077 shares. World Asset Mgmt Inc reported 0.01% in Graphic Packaging Holding Company (NYSE:GPK). First Mercantile Tru Com invested in 0.09% or 29,933 shares. Hodges Capital Management Incorporated owns 19,550 shares. Regions Finance has invested 0.01% in Graphic Packaging Holding Company (NYSE:GPK). New York-based Engineers Gate Manager Limited Partnership has invested 0.11% in Graphic Packaging Holding Company (NYSE:GPK). Greenwood Assoc Llc holds 0.09% or 25,655 shares. First Quadrant Lp Ca owns 1.80 million shares or 0.52% of their US portfolio. Aurora Investment Counsel owns 1.2% invested in Graphic Packaging Holding Company (NYSE:GPK) for 155,774 shares.

Why Has Jefferies Given Graphic Packaging (NYSE:GPK) a $20.0000 Price Target

Jefferies has just issued a Buy rating for Graphic Packaging (NYSE:GPK) shares. The firm initiated coverage on shares of GPK in analysts report revealed on Friday, 18 May. This target price gives upside of 34.59 % from the previous stock close of Graphic Packaging (NYSE:GPK).

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 31.22% above currents $14.86 stock price. Graphic Packaging had 7 analyst reports since January 10, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, April 25 by RBC Capital Markets. The stock of Graphic Packaging Holding Company (NYSE:GPK) has “Outperform” rating given on Wednesday, February 7 by BMO Capital Markets. BMO Capital Markets maintained Graphic Packaging Holding Company (NYSE:GPK) rating on Thursday, January 25. BMO Capital Markets has “Buy” rating and $18.0 target. The firm has “Buy” rating given on Thursday, April 5 by Citigroup. The stock has “Buy” rating by BMO Capital Markets on Tuesday, April 24. Stephens maintained it with “Buy” rating and $23.0 target in Wednesday, January 10 report. The company was maintained on Thursday, February 1 by RBC Capital Markets.

The stock increased 0.61% or $0.09 during the last trading session, reaching $14.86. About 380,710 shares traded. 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 earnings per share, up 26.67 % or $0.04 from last year’s $0.15 per share. GPK’s profit will be $58.96 million for 19.55 P/E if the $0.19 EPS becomes a reality. After $0.19 actual earnings per share 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 $4.61 billion. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. It has a 15.48 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.

Another recent and important Graphic Packaging Holding Company (NYSE:GPK) news was published by Benzinga.com which published an article titled: “Benzinga’s Top Upgrades, Downgrades For May 18, 2018” on May 18, 2018.

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

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