Winpak (TSE:WPK) Price Target Raised to C$48.00 at National Bankshares

Winpak (TSE:WPK) had its target price hoisted by National Bankshares from C$47.00 to C$48.00 in a research note published on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Winpak Price Performance

Shares of Winpak stock opened at C$45.30 on Thursday. The stock has a market capitalization of C$2.75 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 4.44 and a beta of 0.31. The business has a 50-day moving average of C$44.57 and a 200 day moving average of C$42.94. Winpak has a 12 month low of C$37.57 and a 12 month high of C$46.74.

Winpak (TSE:WPK) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported C$60.00 EPS for the quarter. The business had revenue of C$394.42 million during the quarter. Winpak had a net margin of 13.17% and a return on equity of 10.82%. Equities research analysts anticipate that Winpak will post 3.5432473 earnings per share for the current year.

Winpak Company Profile

Winpak’s vision is to provide the best packaging solutions for people and planet. Winpak manufactures and distributes high-quality packaging materials and innovative packaging machines, primarily used for the protection of perishable foods, beverages, pharmaceuticals, medical and personal care. Winpak specializes in three main streams of packaging – Flexible Packaging, Rigid Packaging & Lidding, and Packaging Machinery. The Company is closely aligned with Wipak, one of Europe’s leading manufacturers of packaging materials.