Graphic Packaging (GPK) Raises Quarterly Dividend 50% to $0.075; 2.2% Yield

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Graphic Packaging (GPK) PT, Estimates Trimmed at Jefferies Post Q3

October 26, 2016 8:19 AM EDT

Jefferies analyst Philip Ng maintained a Buy rating on Graphic Packaging Holding Company (NYSE: GPK) but cut estimates and his price target to $15.00 (from $16.00) following Q3 results.

Ng commented, "While price:cost will be a drag next year, GPK expects... More