Is Ranpak Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: PACK) stock is to Buy PACK stock.
Out of 2 analysts, 0 (0%) are recommending PACK as a Strong Buy, 1 (50%) are recommending PACK as a Buy, 1 (50%) are recommending PACK as a Hold, 0 (0%) are recommending PACK as a Sell, and 0 (0%) are recommending PACK as a Strong Sell.
According to 2 Wall Street analysts that have issued a 1 year PACK price target, the average PACK price target is $6.50, with the highest PACK stock price forecast at $8.00 and the lowest PACK stock price forecast at $5.00.
On average, Wall Street analysts predict that Ranpak Holdings's share price could reach $6.50 by Aug 4, 2024. The average Ranpak Holdings stock price prediction forecasts a potential upside of 21.27% from the current PACK share price of $5.36.
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