Westrock Company (WRK) : 4 brokerage houses believe that Westrock Company (WRK) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Westrock Company (WRK). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.36.
Westrock Company (WRK) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $56 and the lowest price target forecast is $40. The average forecast of all the analysts is $45.44 and the expected standard deviation is $5.9.
For the current week, the company shares have a recommendation consensus of Buy.
Westrock Company (NYSE:WRK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.44 and $39.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.74, notching a gain of 2.24% for the day. The total traded volume was 1,254,799 . The stock had closed at $38.87 on the previous day.
WestRock Company, formerly Rome-Milan Holdings, Inc., is a packaging company. The Company provides paper and packaging solutions in consumer and corrugated markets. The Company includes customers across the world from around 275 operating and business locations spanning North America, South America, Europe and Asia-Pacific. The Companys products and services include consumer packaging, corrugated packaging, merchandising displays, containerboard, kraft paper, pulp, paperboard, recycling and waste solutions, and specialty paperboard. The Companys consumer packaging includes the manufacturing of folding cartons and production of coated paperboard and serves markets, such as printing and converting, solid bleached sulfate and coated recycled board. Its corrugated packaging is engaged in the manufacturing of containerboard, containers, pre-print and microflute packaging, retail displays and automated packaging systems. Rock-Tenn Company is a subsidiary of WestRock Co.