Packaging Corporation of America with ticker code (PKG) have now 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $202.00 and $155.00 calculating the mean target price we have $177.14. Now with the previous closing price of $187.31 this now indicates there is a potential downside of -5.4%. The day 50 moving average is $174.09 and the 200 day moving average is $156.39. The total market capitalization for the company now stands at 16.75B. The stock price is currently at: $186.87 USD
The potential market cap would be $15,838,718,590 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 22.04, revenue per share of $87.57 and a 8.42% 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.
