Truist lifts Graphic Packaging Holding Co [GPK] price estimate. Who else is bullish?

Graphic Packaging Holding Co [NYSE: GPK] price plunged by -1.98 percent to reach at -$0.59.

The one-year GPK stock forecast points to a potential upside of 10.21. The average equity rating for GPK stock is currently 1.91, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Graphic Packaging Holding Co [GPK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GPK shares is $32.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GPK stock is a recommendation set at 1.91. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Truist have made an estimate for Graphic Packaging Holding Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 30, 2024. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on July 09, 2024, representing the official price target for Graphic Packaging Holding Co stock.

The Average True Range (ATR) for Graphic Packaging Holding Co is set at 0.60, with the Price to Sales ratio for GPK stock in the period of the last 12 months amounting to 0.98. The Price to Book ratio for the last quarter was 2.91, with the Price to Cash per share for the same quarter was set at 0.42.

GPK Stock Performance Analysis:

Graphic Packaging Holding Co [GPK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.67. With this latest performance, GPK shares gained by 3.69% in over the last four-week period, additionally plugging by 7.31% over the last 6 months – not to mention a rise of 27.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GPK stock in for the last two-week period is set at 48.90, with the RSI for the last a single of trading hit 45.67, and the three-weeks RSI is set at 49.87 for Graphic Packaging Holding Co [GPK]. The present Moving Average for the last 50 days of trading for this stock 29.17, while it was recorded at 29.89 for the last single week of trading, and 28.19 for the last 200 days.

Insight into Graphic Packaging Holding Co Fundamentals:

Graphic Packaging Holding Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.72 and a Current Ratio set at 1.73.

GPK Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GPK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Graphic Packaging Holding Co go to 16.00%.

Graphic Packaging Holding Co [GPK] Institutonal Ownership Details

There are presently around $107.70%, or 109.00%% of GPK stock, in the hands of institutional investors. The top three institutional holders of GPK stocks are: VANGUARD GROUP INC with ownership of 30.27 million shares, which is approximately 9.8358%. BLACKROCK INC., holding 29.92 million shares of the stock with an approximate value of $$784.2 million in GPK stocks shares; and BLACKROCK INC., currently with $$476.12 million in GPK stock with ownership which is approximately 5.9017%.