International Paper Company with ticker code (IP) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 60 and 41 calculating the mean target price we have 51.17. With the stocks previous close at 41.61 this indicates there is a potential upside of 23.0%. The day 50 moving average is 46.6 and the 200 moving average now moves to 52.06. The company has a market capitalisation of $15,871m. Company Website: https://www.internationalpaper.com
The potential market cap would be $19,518m 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.
