Richards Packaging Income Fund (TSE:RPI.UN) Given a C$43.00 Price Target by National Bankshares Analysts

Richards Packaging Income Fund (TSE:RPI.UN) received a C$43.00 price objective from stock analysts at National Bankshares in a research note issued on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would suggest a potential upside of 25.80% from the stock’s previous close.

Richards Packaging Income Fund Price Performance

Richards Packaging Income Fund stock opened at C$34.18 on Friday. Richards Packaging Income Fund has a 52 week low of C$25.90 and a 52 week high of C$34.25. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The firm’s 50-day simple moving average is C$32.81 and its 200 day simple moving average is C$30.36. The firm has a market capitalization of C$374.44 million, a PE ratio of 15.61 and a beta of 0.71.

Richards Packaging Income Fund Company Profile

RICHARDS Packaging business model has changed. Originally a manufacturer of glass containers for pharmacies, RICHARDS has become a major North American manufacturer and distributor of containers for the food, pharmaceutical, health & beauty and industrial sectors. While continuing to grow and expand into different areas of healthcare.