International Paper Company with ticker code (IP) now have 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 44 and 27.5 with the average target price sitting at 38.15. Given that the stocks previous close was at 39.15 this now indicates there is a potential downside of -2.6%. The 50 day MA is 37.26 while the 200 day moving average is 39.58. The market capitalisation for the company is $13,971m. Company Website: https://www.internationalpaper.com
The potential market cap would be $13,614m 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.
