Other equities research analysts have also recently issued research reports about the company. ValuEngine upgraded Veritiv from a hold rating to a buy rating in a report on Friday, August 10th. Zacks Investment Research upgraded Veritiv from a hold rating to a buy rating and set a $44.00 target price on the stock in a report on Saturday, June 30th. Finally, SunTrust Banks increased their target price on Veritiv to $40.00 and gave the company a hold rating in a report on Friday, August 10th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $35.60.
Shares of NYSE:VRTV opened at $47.85 on Monday. The firm has a market cap of $703.57 million, a price-to-earnings ratio of -57.47 and a beta of 0.43. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.53 and a current ratio of 2.32. Veritiv has a one year low of $20.35 and a one year high of $51.00.
Veritiv Corporation operates as a business-to-business distributor of packaging, facility solutions, print, and publishing products and services in the United States, Canada, and internationally. It operates through four segments: Packaging, Facility Solutions, Print, and Publishing. The Packaging segment offers standard and custom packaging solutions.
Further Reading: Outstanding Shares
Receive News & Ratings for Veritiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veritiv and related companies with MarketBeat.com's FREE daily email newsletter.