.png "International Paper Co (NYSE: IP)")
In a report released today, Adam Josephson from KeyBanc maintained a Sell rating on International Paper Co (IP), with a price target of $31.00. The company’s shares closed last Thursday at $35.76.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 6.0% and a 63.6% success rate. Josephson covers the Industrial Goods sector, focusing on stocks such as Berry Global Group, Graphic Packaging, and Clearwater Paper.
International Paper Co has an analyst consensus of Hold, with a price target consensus of $37.00.
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International Paper Co’s market cap is currently $14.44B and has a P/E ratio of 21.80. The company has a Price to Book ratio of 4.44.
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International Paper Co. engages in the manufacture of paper and packaging products. It operates through the following segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment involves in the manufacturing of containerboards, which include linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment offers cellulose fibers product portfolio includes fluff, market, and specialty pulps. The Printing Papers segment includes manufacturing of the printing and writing papers. The company was founded by Hugh J. Chisholm in 1898 and is headquartered in Memphis, TN.
