Winpak (TSE:WPK – Get Free Report) had its price objective lifted by research analysts at BMO Capital Markets from C$50.00 to C$52.00 in a research note issued to investors on Friday, BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 5.11% from the stock’s current price.
WPK has been the topic of several other research reports. CIBC increased their target price on shares of Winpak from C$49.00 to C$51.00 in a report on Friday, July 26th. National Bankshares set a C$55.00 target price on shares of Winpak and gave the company an “outperform” rating in a research note on Thursday, September 26th. Finally, National Bank Financial raised shares of Winpak to a “strong-buy” rating in a research report on Wednesday, September 25th.
Check Out Our Latest Stock Analysis on WPK
Winpak Stock Performance
Winpak (TSE:WPK – Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The company reported C$0.83 EPS for the quarter. Winpak had a net margin of 12.90% and a return on equity of 10.62%. The business had revenue of C$387.89 million during the quarter. Sell-side analysts predict that Winpak will post 3.5432473 earnings per share for the current year.
About Winpak
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications.
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