Packaging Corporation of America with ticker code (PKG) now have 9 confirmed 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 165 and 106 and has a mean target at $132.56. Now with the previous closing price of $129.07 and the analysts are correct then we can expect a percentage increase in value of 2.7%. There is a 50 day moving average of $135.33 and the 200 day MA is $132.13. The company has a market cap of 11.51B. The stock price is currently at: 127.93 USD
The potential market cap would be $11,816,117,246 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 12.25, revenue per share of 91.08 and a 10.85% 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.
