International Paper Company with ticker code (IP) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 60 and 41 and has a mean target at 51.33. Given that the stocks previous close was at 41.88 this now indicates there is a potential upside of 22.6%. The day 50 moving average is 47.08 and the 200 day moving average is 48.14. The market cap for the company is $15,522m. Find out more information at: https://www.internationalpaper.com
The potential market cap would be $19,024m 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.
