Packaging Corporation of America Share Price Target ‘$185.00’, now -1.5% Downside Potential

Broker Ratings
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Packaging Corporation of America with ticker code (PKG) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $202.00 and $165.00 calculating the average target share price we see $185.00. (at the time of writing). Now with the previous closing price of $187.82 this is indicating there is a potential downside of -1.5%. The day 50 moving average is $178.48 while the 200 day moving average is $159.26. The market capitalization for the company is 16.78B. The current share price for the company is: $186.99 USD

The potential market cap would be $16,531,260,408 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 22.08, 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.

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