TSX:RPI.UN - Post by User
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lotus1on Jan 11, 2021 5:05pm
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Acumen Capital - Top Ideas for 2021
Acumen Capital - Top Ideas for 2021January 11, 2021 Analysts at Acumen Capital named seven stocks as their “Top Ideas” for 2021 on Monday. Richards Packaging Income Fund ( BUY and $86 target )
Firm: “RPI had a record and memorable year in 2020. The COVID-19 pandemic drove demand to record highs for its products, and it delivered record results for top line growth and EBITDA margins. The units returned 50 per cent in 2020 and with the units recently retreating from its all-time highs north of $86, we believe that 2021 will continue the excellent performance. The company completed its first acquisition in five years in 2020, and we expect 2021 will see further acquisition opportunities.”