Philadelphia, PA (PRWEB) November 3, 2010
“Orient Paper, Inc. has achieved solid growth over the last few years through expansion and increased efficiency,” commented Research Analyst, Joseph Angelilli. “Independent Research Associates recommends a 12-month target price of $16.70 per share and a STRONG BUY rating for ONP’s undervalued stock in recognition that the company has laid the foundation for new, vertical growth in FY2011 and beyond.”
As noted within the Report, Research Analyst Joseph Angelilli writes, “Management has positioned the company for sustainable growth in the upcoming years in a growing and strong sector. At the core of its growth strategy is production capacity expansion and expanded sales in a regional and ultimately global economy. The company’s upward performance over recent years through a major economic recession supports its calculated decision to expand and its ability to execute its strategy. The company will experience solid gains in total revenue in FY2010 and beyond as the expanded manufacturing capacity will push more products into the market and overall Average Sale Prices for its products are rising.”
A full copy of the Coverage Initiation Report is available as part of this announcement to download at no cost. In addition to this Initiation Report, Independent Research Associates anticipates providing ongoing coverage and event-based research updates on Orient Paper, Inc. as developments occur.
Orient Paper, Inc. Overview
Orient Paper, Inc. is a rapidly growing paper production company in the People’s Republic of China (PRC). Established in 1996, the company’s PRC-operating entity, Hebei Baoding Orient Paper Milling Co., Ltd. serves over 100 packaging and printing companies and paper products distributors with a diverse product offering, including corrugating medium paper, offset printing paper, and digital photo paper. The company is headquartered in Baoding City, northern China, at the center of the triangular region formed by Beijing, Tianjin and Shijiazhuang. The Beijing-Tianjin region is the cultural capital of China and home to a growing base of industrial and manufacturing activities and is one of the largest markets for paper products consumption in China.
About Independent Research Associates
Independent Research Associates offers independent investment research of select companies in target markets. Independent Research Associates actively engages in the trading of securities of the companies covered. Independent Research Associates was not compensated by Orient Paper, Inc. or any other company to prepare and release this report. The recommendations and analyses performed herein are for informational purposes and should not be the sole basis for investment decisions. Independent Research Associates is not a registered investment advisor or broker-dealer.