International Paper Company with ticker code (IP) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 60 and 37 and has a mean target at 46.75. With the stocks previous close at 42.1 this indicates there is a potential upside of 11.0%. There is a 50 day moving average of 42.68 and the 200 day moving average is 45.57. The company has a market cap of $15,067m. Company Website: https://www.internationalpaper.com
The potential market cap would be $16,731m based on the market concensus.
International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
