Traders sold shares of WestRock Co. (NYSE:WRK) on strength during trading on Friday. $29.39 million flowed into the stock on the tick-up and $36.89 million flowed out of the stock on the tick-down, for a money net flow of $7.50 million out of the stock. Of all equities tracked, WestRock had the 0th highest net out-flow for the day. WestRock traded up $2.30 for the day and closed at $42.51

WRK has been the topic of several research analyst reports. Jefferies Group reiterated a “buy” rating and set a $54.00 price objective on shares of WestRock in a research report on Monday, May 2nd. BMO Capital Markets reiterated a “buy” rating on shares of WestRock in a research report on Monday, May 2nd. Deutsche Bank AG reiterated a “buy” rating and set a $46.00 price objective on shares of WestRock in a research report on Wednesday, June 15th. Citigroup Inc. lifted their price objective on shares of WestRock from $43.30 to $46.00 and gave the stock a “buy” rating in a research report on Monday, June 13th. Finally, Credit Suisse Group AG reiterated a “buy” rating and set a $52.00 price objective on shares of WestRock in a research report on Tuesday, May 3rd. Two equities 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 company’s stock. The company presently has an average rating of “Hold” and an average price target of $55.80.

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

WestRock (NYSE:WRK) last posted its earnings results on Friday, April 29th. The company reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.09. The firm earned $3.70 million during the quarter, compared to analyst estimates of $3.74 million. The company’s revenue was down 1.1% compared to the same quarter last year. On average, equities research analysts forecast that WestRock Co. will post $3.96 earnings per share for the current year.

A number of large investors have recently bought and sold shares of WRK. Advantus Capital Management Inc raised its stake in WestRock by 0.4% in the fourth quarter. Advantus Capital Management Inc now owns 24,532 shares of the company’s stock valued at $1,119,000 after buying an additional 106 shares during the period. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in WestRock by 6.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 34,650 shares of the company’s stock valued at $1,581,000 after buying an additional 2,034 shares during the period. Suntrust Banks Inc. raised its stake in WestRock by 23.1% in the fourth quarter. Suntrust Banks Inc. now owns 35,722 shares of the company’s stock valued at $1,628,000 after buying an additional 6,710 shares during the period. I.G. Investment Management LTD. raised its stake 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 during the period. Finally, Gratus Capital LLC raised its stake in WestRock by 11.5% in the fourth quarter. Gratus Capital LLC now owns 39,334 shares of the company’s stock valued at $1,794,000 after buying an additional 4,046 shares during the period.

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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