This summary was created by AI, based on 3 opinions in the last 12 months.
Experts are positive on Richards Packaging Income Fund (RPI.UN-T), identifying it as the third largest packaging company in North America. Management has effectively navigated industry challenges and maintained cash reserves while reducing debt. The dividend is sustained by a conservative payout ratio. Despite segments of the business facing pandemic-related challenges, the company is positioned well. With a reiteration as a top pick, experts recommend placing a stop-loss at $29.50 and aim for an upside potential of $46.00, representing a yield of 3.7-3.8%. However, the stock has triggered a stop at $31, resulting in a net investment loss of 10% from the previous buy recommendation.
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
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, 1 stock analyst published opinions about RPI.UN-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Richards Packaging Income Fund.
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.
1 stock analyst on Stockchase covered Richards Packaging Income Fund In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Richards Packaging Income Fund (RPI.UN-T) stock closed at a price of $29.44.
Our PAST TOP PICK with RPI.UN has triggered its stop at $31. To remain disciplined, we recommend covering the position at this time. When combined with our previous buy recommendation, this will result in a net investment loss of 10%.