International Paper Company found using ticker (IP) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 38 and 25 with a mean TP of 32.15. Now with the previous closing price of 37.54 this would indicate that there is a downside of -14.4%. The 50 day MA is 35.93 and the 200 day MA is 40.44. The market cap for the company is $13,128m. Company Website: https://www.internationalpaper.com
The potential market cap would be $11,243m 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 containerboardsluding 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 applicationsluding 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.
