International Paper Company with ticker code (IP) have now 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 48.05 this would imply there is a potential upside of 6.8%. The 50 day MA is 47.19 and the 200 moving average now moves to 53.48. The company has a market cap of $18,476m. Visit the company website at: https://www.internationalpaper.com
The potential market cap would be $19,738m based on the market concensus.
International Paper Company operates as a paper and packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. 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. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end-use applications comprising brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. It sells its uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brands. The company sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.
