Separately, Royal Bank of Canada set a C$47.00 target price on Winpak and gave the company a sector perform rating in a research note on Saturday, July 14th.
Shares of Winpak stock opened at C$43.83 on Friday. Winpak has a 1-year low of C$42.50 and a 1-year high of C$51.81.
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and internationally. The company offers medical packaging products, including thermoforming films, pre-made cups, lidding films, die-cut lids, pouches, central supply room wraps and draping films, and packaging machinery; pharmaceutical packaging products, such as blister foils, pouch stock products, child-resistant blister lidding products, and cold form laminates; and laminations for pouches and lidding applications for personal care products, such as cosmetics, skin creams, and shampoos.
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