BMO Capital Believes WestRock LLC (NYSE: WRK) Won’t Stop Here

By Jason Carr

In a report released today, Mark Wilde from BMO Capital reiterated a Buy rating on WestRock LLC (NYSE: WRK), with a price target of $62. The company’s shares opened today at $56.80, close to its 52-week high of $57.86.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 12.5% and a 81.3% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, International Paper Co, and Graphic Packaging.

WestRock LLC has an analyst consensus of Moderate Buy, with a price target consensus of $61.40.

WestRock LLC’s market cap is currently $14.26B and has a P/E ratio of 80.00. The company has a book value ratio of 1.4721.

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WestRock Co. engages in the provision of paper and packaging solutions in the filed of corrugated markets. It operates through the following segments: Corrugated Packaging, Consumer Packaging, Land and Development, and Others. The Corrugated Packaging segment consists of containerboard mill and corrugated packaging operations, as well as recycling operations. The Consumer Packaging segment offers consumer mills, folding carton, beverage, merchandising displays, home, health, and beauty dispensing, and partition operations. The Land and Development segment involves in developing and selling of real estate. The company was founded on March 6, 2015 and is headquartered in Richmond, VA.