International Paper Company found using ticker (IP) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 50 and 25 calculating the mean target price we have 33.86. Given that the stocks previous close was at 36.71 this now indicates there is a potential downside of -7.8%. The 50 day moving average now sits at 33.78 while the 200 day moving average is 41.9. The market cap for the company is $13,092m. Company Website: https://www.internationalpaper.com
The potential market cap would be $12,076m 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.
