Graphic Packaging Holding Company (GPK) : Analyst Rating Update

Graphic Packaging Holding Company (GPK) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Graphic Packaging Holding Company (GPK) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $16 and the lowest price target forecast is $14. The average forecast of all the analysts is $14.96 and the expected standard deviation is $0.66.

Graphic Packaging Holding Company (NYSE:GPK): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.30 and $12.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.53, notching a gain of 1.87% for the day. The total traded volume was 2,862,357 . The stock had closed at $12.30 on the previous day.

Also, Equity Analysts at the Goldman Sachs assumes the rating on Graphic Packaging Holding Company (NYSE:GPK). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $16.5 per share. The rating by the firm was issued on June 1, 2016. The company shares have dropped -10.15% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $15.28 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $13.00 and the 200 Day Moving Average price is recorded at $12.62.

Graphic Packaging Holding Company is a provider of paper-based packaging solutions to food, beverage and other consumer products companies. The Company operates in four geographic areas, which includes the United States/Canada, Central/South America, Europe and Asia Pacific. The Companys paperboard packaging includes the design, manufacture and installation of packaging machinery related to the assembly of cartons, as well as the production and sale of corrugated medium and kraft paper from paperboard mills in the United States. It includes a system of mills and plants that produce a range of paperboard grades convertible into folding cartons. The Company offers various laminated, coated and printed packaging structures that are produced from its coated unbleached kraft (CUK), coated-recycled board (CRB), as well as other grades of paperboard that are purchased from third-party suppliers.

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