Packaging Corp. price target raised to $52 from $40 at Truist

Q: Is Packaging Corp (Pkg) a good stock to buy?

Analyst George Staphos from Bank of America Securities remains neutral on the stock and has a $176.00 price target. Geoff Staphos has given his Hold rating due to a combination of factors affecting Packaging Corp. (PKG) despite its solid fourth-quarter performance and operational excellence.

Q: Is packaging (PKG – research report) a good stock to buy?

Packaging ( PKG – Research Report ), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst George Staphos from Bank of America Securities remains neutral on the stock and has a $176.00 price target.

Q: Why has Geoff staphos rated Packaging Corp (Pkg) a hold?

Geoff Staphos has given his Hold rating due to a combination of factors affecting Packaging Corp. (PKG) despite its solid fourth-quarter performance and operational excellence. PKG’s earnings per share in the fourth quarter exceeded both Bank of America’s and the consensus estimates, suggesting robust operational execution.

Q: What types of products does Packaging Corporation make?

Packaging Corp. of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers.

Q: Does packaging make a profit?

Based on Packaging’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.08 billion and a net profit of $197.5 million. In comparison, last year the company earned a revenue of $1.95 billion and had a net profit of $202.7 million

Truist raised the firm’s price target on Packaging Corp. to $52 from $40 and keeps a Buy rating on the shares as part of a broader research note on Containerboard</...

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Packaging Corp. Price Target Raised To $52 From $40 At Truist

1 day from now

Truist raised the firm’s price target on Packaging Corp. to $52 from $40 and keeps a Buy rating on the shares as part of a broader research note on Containerboard</...

tipranks.com

$252
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Packaging Corp. Price Target Raised To $252 From $242 At Truist

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Oct 25, 2024 · Truist raised the firm’s price target on Packaging Corp. (PKG) to $252 from $242 and keeps a Buy rating on the shares.

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Citigroup Inc. Boosts Stake In Packaging Co. Of America

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1 day ago · Truist Financial reissued a "buy" rating and set a $252.00 target price (up previously from $242.00) on shares of Packaging Co. of America in a research report on Thursday, …

marketbeat.com

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Truist Financial Sticks To Its Buy Rating For Packaging (PKG)

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Oct 23, 2024 · The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Packaging with a $228.00 average price target, a 5.23% upside from current levels. …

businessinsider.com

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Packaging Corp. Price Increases Positive For Group, Says Truist

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Nov 20, 2024 · Truist notes that Packaging Corp of America (PKG) announced a $70/ton linerboard and $90/ton medium price increase effective January 1, 2025, according to …

businessinsider.com

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Truist Raises Packaging Stock Price Target, Maintains Buy Rating

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Oct 24, 2024 · Truist Securities has updated its outlook on Packaging (NYSE: PKG) Corp. of America (NYSE: PKG), increasing the price target to $252 from the previous $242, while …

investing.com

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Packaging Corp. Stock Target Boosted, Maintains Buy On Strategic ...

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Oct 29, 2024 · On Tuesday, Truist Securities updated their outlook on shares of Packaging (NYSE:PKG) Corp. of America (NYSE:PKG), increasing the price target to $252 from the …

investing.com

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Truist Raises Packaging Stock Price Target, Maintains Buy Rating

1 day from now

Oct 24, 2024 · Truist Securities has updated its outlook on Packaging (NYSE: PKG) Corp. of America (NYSE: PKG), increasing the price target to $252 from the previous $242, while …

investing.com

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Packaging Corp. Price Increases Positive For Group, Says Truist

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Truist notes that Packaging Corp of America (PKG) announced a $70/ton linerboard and $90/ton medium price increase effective January 1, 2025, according to Fastmarkets RISI.

tipranks.com

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Truist Raises Price Target On Packaging Corp. Of America To $252 …

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Oct 24, 2024 · Wells Fargo Adjusts Price Target on Packaging Corp. of America to $253 From $235, Maintains Overweight Rating Oct. 24: MT Truist Raises Price Target on Packaging …

marketscreener.com

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Truist Financial Sticks To Their Buy Rating For Packaging (PKG)

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Oct 29, 2024 · Truist Financial analyst Michael Roxland reiterated a Buy rating on Packaging (PKG – Research Report) today and set a price target of $252.00. The company’s shares …

businessinsider.com

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PKG - Packaging Corp Of America Stock Price And Quote

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Packaging Corp. price target raised to $252 from $242 at Truist (TipRanks) ... Smurfit Westrock price target lowered to $51 from $52 at Jefferies (TipRanks) Oct-03-24 05:21AM ... Truist …

finviz.com

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Truist Financial Keeps Their Buy Rating On Packaging (PKG)

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Sep 16, 2024 · Packaging Corp. management to meet with Truist Packaging Corp. price target raised to $215 from $194 at Wells Fargo Packaging Corp. reports Q2 EPS $2.20, consensus …

businessinsider.com

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Hold Rating For Packaging Corp Amid Operational Strengths And …

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Jan 25, 2024 · Packaging Corp. price target raised to $187 from $170 at Truist; Sylvamo price target raised to $55 from $50 at BofA; WestRock price target raised to $45 from $40 at BofA; …

businessinsider.com

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Packaging Corp. Price Target Raised To $215 From $208 At Truist

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Truist raised the firm’s price target on Packaging Corp. to $215 from $208 and keeps a Buy rating on the shares as part of a broader research note previewing Q2 results in Paper and Packaging.

tipranks.com

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Wells Fargo Reaffirms Their Buy Rating On Packaging (PKG)

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Jul 10, 2024 · Wells Fargo analyst Gabrial Hajde maintained a Buy rating on Packaging (PKG – Research Report) today and set a price target of $194.00. Th...

businessinsider.com

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Truist Financial Price Target Raised To $51 From $47 At Citi

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3 days ago · Citi analyst Keith Horowitz raised the firm’s price target on Truist Financial (TFC) to $51 from $47 and keeps a Neutral rating on the shares. The firm believes Truist’s cost of …

businessinsider.com

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EQT Corporation Price Target Raised To $41 From $32 At Truist

1 day from now

3 days ago · Truist raised the firm’s price target on EQT Corporation (EQT) to $41 from $32 and keeps a Hold rating on the shares. EQT announced the monetization of a non-controlling …

businessinsider.com

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EQT Corporation Price Target Raised To $48 From $45 At Mizuho

1 day from now

2 days ago · Mizuho analyst Nitin Kumar raised the firm’s price target on EQT Corporation (EQT) to $48 from $45 and keeps a Neutral rating on the shares after the company announced …

businessinsider.com

FAQs about Packaging Corp. price target raised to $52 from $40 at Truist Coupon?

Is Packaging Corp (Pkg) a good stock to buy?

Analyst George Staphos from Bank of America Securities remains neutral on the stock and has a $176.00 price target. Geoff Staphos has given his Hold rating due to a combination of factors affecting Packaging Corp. (PKG) despite its solid fourth-quarter performance and operational excellence. ...

Is packaging (PKG – research report) a good stock to buy?

Packaging ( PKG – Research Report ), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst George Staphos from Bank of America Securities remains neutral on the stock and has a $176.00 price target. ...

Why has Geoff staphos rated Packaging Corp (Pkg) a hold?

Geoff Staphos has given his Hold rating due to a combination of factors affecting Packaging Corp. (PKG) despite its solid fourth-quarter performance and operational excellence. PKG’s earnings per share in the fourth quarter exceeded both Bank of America’s and the consensus estimates, suggesting robust operational execution. ...

What types of products does Packaging Corporation make?

Packaging Corp. of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. ...

Does packaging make a profit?

Based on Packaging’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.08 billion and a net profit of $197.5 million. In comparison, last year the company earned a revenue of $1.95 billion and had a net profit of $202.7 million ...