This summary was created by AI, based on 2 opinions in the last 12 months.
Richards Packaging Income Fund (RPI.UN-T) is the third largest packaging company in North America. Despite industry challenges during the pandemic, the company has managed to grow cash reserves and retire debt. Their dividend is maintained by a payout ratio under 50% of free cash flow. Both experts recommend placing a stop-loss at $29.50 and expect an upside potential of 33-34% to achieve $46.00. The analysts' price target is $46.50. Overall, RPI.UN is viewed positively by the experts and has a strong potential for growth.
They got a boost during Covid so it would have been good to take profits then. Now, they face inflationary pressures. They're expanding geographically through acquisitions. Pays a decent dividend. Still likes it.
Great steady company that most people are not aware of.
All types of packaging in healthcare and consumer business.
Very low profile of CEO.
Valuation recently very high.
Waiting for shares to fall before buying.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Attractive dividend yield. Able to pass inflation on to consumers. Revenue mix shifting towards healthcare. Demonstrated track record. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Good dividend yield. Able to pass inflation on to consumers. Revenue mix shifting towards healthcare. Demonstrated track record. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Earnings beat estimates across the board. Covid related products unwinding lead to revenues falling 11%. Their acquisition has weighed on cash flow as well. It is currently consolidating and finding a base. Unlock Premium - Try 5i Free
One of the least celebrated but one of the most important businesses in Canada because it is the largest packaging company. Trade at an attractive multiple. The payout ratio is almost 60%.
Richards Packaging Income Fund is a Canadian stock, trading under the symbol RPI.UN-T on the Toronto Stock Exchange (RPI.UN-CT). It is usually referred to as TSX:RPI.UN or RPI.UN-T
In the last year, there was no coverage of Richards Packaging Income Fund published on Stockchase.
Richards Packaging Income Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Richards Packaging Income Fund.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Richards Packaging Income Fund In the last year. It is a trending stock that is worth watching.
On 2024-04-22, Richards Packaging Income Fund (RPI.UN-T) stock closed at a price of $33.4.
We reiterate RPI.UN, the third largest packaging company in North America, as a TOP PICK. Management has dealt with industry challenges while continuing to grow cash reserves and retiring debt. Its dividend is maintained by a payout ratio under 50% of free cash flow. We recommend trailing up the stop (from $29.50) to $31.00, looking to achieve $46.00 -- upside potential of 33%. Yield 3.7%
(Analysts’ price target is $46.50)