Graphic Packaging Holding Company (NYSE:GPK) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other equities research analysts have also recently issued research reports about the company. Citigroup Inc. reissued a “buy” rating on shares of Graphic Packaging Holding in a report on Friday, April 14th. DA Davidson began coverage on Graphic Packaging Holding in a report on Monday, July 10th. They issued a “buy” rating and a $17.50 price target on the stock. BMO Capital Markets reaffirmed a “buy” rating and issued a $15.50 price target on shares of Graphic Packaging Holding in a report on Friday, June 23rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $14.00 price target on shares of Graphic Packaging Holding in a report on Wednesday, June 14th. Finally, Zacks Investment Research cut Graphic Packaging Holding from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $15.73.

Graphic Packaging Holding (GPK) opened at 13.24 on Friday. The stock has a market capitalization of $4.10 billion, a P/E ratio of 24.56 and a beta of 1.14. Graphic Packaging Holding has a 1-year low of $12.00 and a 1-year high of $14.70. The company has a 50-day moving average price of $13.53 and a 200 day moving average price of $13.32.

Graphic Packaging Holding (NYSE:GPK) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.15 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. Graphic Packaging Holding had a return on equity of 18.22% and a net margin of 3.98%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the company earned $0.19 earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. On average, equities analysts predict that Graphic Packaging Holding will post $0.68 EPS for the current year.

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In other Graphic Packaging Holding news, Director G Andrea Botta sold 10,982 shares of the company’s stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of $13.45, for a total value of $147,707.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.02% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. increased its stake in shares of Graphic Packaging Holding by 0.8% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 8,100 shares of the industrial products company’s stock valued at $112,000 after buying an additional 61 shares during the period. Van ECK Associates Corp increased its stake in shares of Graphic Packaging Holding by 1.6% in the second quarter. Van ECK Associates Corp now owns 7,630 shares of the industrial products company’s stock valued at $105,000 after buying an additional 117 shares during the period. Neuberger Berman Group LLC increased its stake in shares of Graphic Packaging Holding by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 15,270 shares of the industrial products company’s stock valued at $210,000 after buying an additional 123 shares during the period. Eagle Boston Investment Management Inc. increased its stake in shares of Graphic Packaging Holding by 1.5% in the second quarter. Eagle Boston Investment Management Inc. now owns 10,773 shares of the industrial products company’s stock valued at $148,000 after buying an additional 163 shares during the period. Finally, US Bancorp DE increased its stake in shares of Graphic Packaging Holding by 0.8% in the first quarter. US Bancorp DE now owns 106,827 shares of the industrial products company’s stock valued at $1,374,000 after buying an additional 883 shares during the period. 95.87% of the stock is currently owned by institutional investors.

Graphic Packaging Holding Company Profile

Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.

Analyst Recommendations for Graphic Packaging Holding (NYSE:GPK)

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