BMO Capital Reiterates a Hold Rating on Multi Packaging Solutions

By Jason Carr

In a report issued on November 11, Mark Wilde from BMO Capital reiterated a Hold rating on Multi Packaging Solutions (NYSE: MPSX). The company’s shares closed last Friday at $12.48.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 10.2% and a 67.7% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Meadwestvaco Corp., Graphic Packaging, and Silgan Holdings.

Multi Packaging Solutions has an analyst consensus of Hold, with a price target consensus of $16.50.

The company has a one year high of $18.81 and a one year low of $11. Currently, Multi Packaging Solutions has an average volume of 141.3K.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock.

Multi Packaging Solutions International Ltd. engages in the provision of packaging products and services for consumer, healthcare, and multimedia markets. It operates through the following geographic segments: North America, Europe, and Aisa. It offers folding cartons, plastic packaging, inserts, labels, launch kits, foil pouches, and grower tags, transaction cards, and brochures. Its services include data management, brand security, and kitting and fulfillment activities. The company was founded on June 19, 2015 and is headquartered in New York, NY.