Packaging Corporation of America which can be found using ticker (PKG) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $219.00 and $183.59 suggesting an average Analsyt target price of $203.80. Given that the stocks previous close was at $201.09 this is indicating there is a potential upside of 1.3%. Also worth taking note is the 50 day moving average now sits at $189.99 and the 200 moving average now moves to $177.18. The total market capitalization for the company now stands at 18.12B. Currently the stock stands at: $201.79 USD
The potential market cap would be $18,367,359,908 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.32, revenue per share of $88.99 and a 7.61% return on assets.
Packaging Corporation of America is a producer of container board products and uncoated freesheet paper. It operates eight mills and 89 corrugated products plants and related facilities. It has three segments: Packaging, Paper, and Corporate and Other. Its containerboard mills produce linerboard and corrugating medium. Its corrugated products manufacturing plants produce a range of corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multi-color boxes and displays. In addition, it also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. It manufactures and sells papers, including both commodity and specialty papers, which may have custom or specialized features, such as colors, coatings, high brightness and recycled content. Its papers consist of communication papers, including cut-size office papers, and printing and converting papers.
