Impact of Brokerage Rating on Westrock Company(WRK)

Many Westrock Company(WRK) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. WestRock Co was Upgraded by Wells Fargo to Outperform on Feb 2, 2017. WestRock Co was Upgraded by BofA/Merrill to Buy on Jan 27, 2017.

Company has reported several Insider transactions to the SEC, on Dec 7, 2016, Robert A Feeser (President – Consumer Packaging) sold 23,670 shares at 51.28 per share price.On Nov 18, 2016, G Stephen Felker (director) sold 10,000 shares at 50.00 per share price.On Nov 14, 2016, James B Porter (President – Corrugated Packagi) sold 110,000 shares at 48.08 per share price.

WestRock Co Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.46. The company had revenue of $3447.20 million for the quarter, compared to analysts expectations of $3483.41 million. The companys revenue was down -.7 % compared to the same quarter last year.

Westrock Company (NYSE:WRK) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.67 by 9 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Westrock Company (NYSE:WRK): The mean short term price target for Westrock Company (NYSE:WRK) has been established at $56.13 per share. The higher price target estimate is at $65 and the lower price target estimate is expected at $42 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $8.59

Westrock Company (NYSE:WRK) rose 1.56% or 0.82 points on Tuesday and made its way into the gainers of the day. After trading began at $52.87 the stock was seen hitting $53.73 as a peak level and $52.71 as the lowest level. The stock ended up at $53.52. The daily volume was measured at 1,464,220 shares. The 52-week high of the share price is $56.12 and the 52-week low is $27.565752. The company has a market cap of $13,402 million.

WestRock Company is a provider of paper and packaging solutions to consumer and corrugated markets. WestRock Company, formerly known as MEADWESTVACO CP, is based in RICHMOND.

Westrock

For any feedback and suggestions contact author at Kurt.Burns@thefoundersdaily.com

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