Bullboard - Stock Discussion Forum Richards Packaging Income Fund T.RPI.UN

Alternate Symbol(s): RPKIF

Consumer Cyclical Packaging & Containers

Richards Packaging Income Fund (the Fund) is a Canada-based company. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 17,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions... see more

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TSX:RPI.UN - Post Discussion

Richards Packaging Income Fund > Acumen Capital - Top Ideas for 2021

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Post by lotus1 on Jan 11, 2021 5:05pm

Acumen Capital - Top Ideas for 2021

January 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.”

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