Winpak (OTCMKTS:WIPKF) Price target raised to C$52.00 at BMO Capital Markets


Winpack (OTCMKTS:WIPKFGet a rating) saw its target price raised by investment analysts at BMO Capital Markets from C$46.00 to C$52.00 in a report released on Friday, Fly reports.

Separately, Scotiabank raised its price target on Winpak shares from C$51.00 to C$54.00 in a Wednesday, April 27 research report.

Winpak Price Performance

Shares of WIPKF Stock opened at $34.30 on Friday. The company’s 50-day moving average price is $32.83 and its 200-day moving average price is $31.66. Winpak has a 12-month low of $27.28 and a 12-month high of $35.10.

Winpack company profile

(Get a rating)

winpak ltd. manufactures and distributes packaging materials and related packaging machinery in the United States, Canada, Mexico and abroad. The Company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lids, and Packaging Machinery. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging and high performance pouch applications; high barrier films for converting applications; barrier and non-barrier films, including shrink bags for printing, lamination and bag making applications; and biaxially oriented nylon films for food packaging and industrial applications.

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