WestRock Co. (NYSE:WRK) traded up 5.1% on Friday . The stock traded as high as $43.18 and last traded at $42.28, with a volume of 2,169,656 shares. The stock had previously closed at $40.21.

Several equities research analysts recently weighed in on the company. Credit Suisse Group AG reissued a “buy” rating and issued a $52.00 price objective on shares of WestRock in a report on Tuesday, May 3rd. Jefferies Group reissued a “buy” rating and issued a $54.00 price objective on shares of WestRock in a report on Monday, May 2nd. BMO Capital Markets reissued a “buy” rating on shares of WestRock in a report on Monday, May 2nd. Barclays PLC lifted their target price on WestRock from $40.00 to $41.00 and gave the company an “equal weight” rating in a report on Monday, May 2nd. Finally, Zacks Investment Research raised WestRock from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $55.80.

The firm has a 50 day moving average price of $39.23 and a 200-day moving average price of $38.09. The stock’s market capitalization is $10.62 billion.

WestRock (NYSE:WRK) last released its earnings results on Friday, April 29th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.09. The business had revenue of $3.70 million for the quarter, compared to analysts’ expectations of $3.74 million. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. Analysts expect that WestRock Co. will post $3.96 earnings per share for the current fiscal year.

Other hedge funds have added to or reduced their stakes in the company. Employees Retirement System of Texas boosted its stake in WestRock by 12.2% in the fourth quarter. Employees Retirement System of Texas now owns 274,900 shares of the company’s stock valued at $12,541,000 after buying an additional 30,000 shares in the last quarter. I.G. Investment Management LTD. boosted its position in WestRock by 29.3% in the fourth quarter. I.G. Investment Management LTD. now owns 36,688 shares of the company’s stock valued at $1,674,000 after buying an additional 8,311 shares in the last quarter. Systematic Financial Management LP boosted its position in WestRock by 11.8% in the fourth quarter. Systematic Financial Management LP now owns 468,990 shares of the company’s stock valued at $21,395,000 after buying an additional 49,400 shares in the last quarter. US Bancorp DE boosted its position in WestRock by 45.1% in the fourth quarter. US Bancorp DE now owns 115,673 shares of the company’s stock valued at $5,276,000 after buying an additional 35,948 shares in the last quarter. Finally, Lapides Asset Management LLC boosted its position in WestRock by 4.6% in the fourth quarter. Lapides Asset Management LLC now owns 305,900 shares of the company’s stock valued at $13,955,000 after buying an additional 13,500 shares in the last quarter.

Westrock Company is a provider of packaging solutions and manufactures containerboard and paperboard. The Company’s operating segments include Corrugated Packaging, Consumer Packaging, Specialty Chemicals, and Land and Development. The Company operates in North America, South America, Europe and Asia.

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