In a report released today, Kevin Steinke from Barrington reiterated a Buy rating on Quad/Graphics, with a price target of $10.00. The company’s shares closed yesterday at $5.90.
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Steinke covers the Industrials sector, focusing on stocks such as Kelly Services, ACCO Brands, and Cra International. According to TipRanks, Steinke has an average return of 14.6% and a 58.23% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Quad/Graphics with a $8.20 average price target.
Based on Quad/Graphics’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $571.9 million and a GAAP net loss of $100 thousand. In comparison, last year the company earned a revenue of $634.2 million and had a GAAP net loss of $2.8 million
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