Ranpak Holdings Corp.

In the last three months, 4 analysts have published ratings on Ranpak Hldgs (NYSE:PACK), offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 1 0 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $8.25, a high estimate of $10.00, and a low estimate of $7.00. Witnessing a positive shift, the current average has risen by 26.92% from the previous average price target of $6.50. Exploring Analyst Ratings: An In-Depth Overview The analysis of recent analyst actions sheds light on the perception of Ranpak Hldgs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Ghansham Panjabi Baird Raises Outperform $8.00 $7.00 Greg Palm Craig-Hallum Raises Buy $10.00 $8.00 Greg Palm Craig-Hallum Raises Buy $8.00 $6.00 Ghansham Panjabi Baird Raises Outperform $7.00 $5.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ranpak Hldgs. This information provides a snapshot ...Full story available on Benzinga.com

Related tickers: PACK.

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the "Greed" zone on Tuesday. U.S. stocks closed higher on Monday, following the release of inflation data. In February 2024, the inflation rate climbed to 3.2% compared to the previous year, surpassing both the previous and expected rate of 3.1%. On a monthly basis, the core CPI increased by 0.4%, in line with January’s figure and exceeding the predicted 0.3% rise. Shares of Ranpak Holdings Corp. (NYSE: PACK) jumped around 52% on Tuesday after the company reported better-than-expected fourth-quarter revenue results and issued FY24 ...

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