International Paper Company which can be found using ticker (IP) now have 9 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between 42 and 26 calculating the mean target price we have $34.33. Given that the stocks previous close was at $31.73 this would indicate that there is a potential upside of 8.2%. The day 50 moving average is $34.19 while the 200 day moving average is $36.27. The market capitalization for the company is 11.09B. The current stock price for Targa Resources Corp. is currently 31.96 USD
The potential market cap would be $12,000,830,364 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 7.06, revenue per share of 58.66 and a 4.71% return on assets.
International Paper Company is a producer of renewable fiber-based packaging and pulp products with manufacturing operations. The Company operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment is a manufacturer of containerboard in the United States. The Industrial Packaging segment offers products, including linerboard, medium, white top, recycled linerboard, recycled medium and saturating kraft. The Cellulose Fibers segment offers a product portfolio, including fluff, market and specialty pulps. The Company operates over 24 pulp and packaging mills, approximately 164 converting and packaging plants, over 16 recycling plants and over three bag facilities. The Company’s production facilities are located in Canada, Europe, North Africa and Latin America, which includes over four pulp and packaging mills, approximately 37 converting and packaging plants, and over two recycling plants.
