Winpak (TSE:WPK) had its price objective upped by TD Securities from C$53.00 to C$54.00 in a report issued on Friday. TD Securities’ target price suggests a potential upside of 7.12% from the company’s current price.
Other equities analysts have also issued research reports about the stock. CIBC lowered shares of Winpak from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from C$55.00 to C$53.00 in a research report on Friday, October 27th. GMP Securities lowered shares of Winpak from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Finally, Raymond James Financial lowered shares of Winpak from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$58.00 to C$55.00 in a research report on Friday, October 27th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Winpak has an average rating of “Hold” and a consensus target price of C$56.38.
Winpak (TSE WPK) opened at C$50.41 on Friday. The company has a market cap of $3,280.00, a PE ratio of 23.78 and a beta of 0.05. Winpak has a 12-month low of C$42.50 and a 12-month high of C$61.43.
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Winpak Company Profile
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines. The Company’s products are used for packaging of perishable foods, beverages and in healthcare applications. It operates through six segments: modified atmosphere packaging, specialty films, rigid containers, lidding, biaxially oriented nylon and packaging machinery.
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