Packaging Corporation of America which can be found using ticker (PKG) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $219.00 and $183.59 and has a mean share price target at $203.80. (at the time of writing). Given that the stocks previous close was at $194.38 this would indicate that there is a potential upside of 4.8%. Also worth taking note is the 50 day moving average now sits at $188.21 and the 200 day MA is $175.84. The company has a market capitalization of 17.45B. The stock price is currently at: $194.34 USD
The potential market cap would be $18,299,877,738 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 24.38, 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.
