Packaging Corp (PKG) Gets a Hold Rating from KeyBanc


KeyBanc analyst Adam Josephson maintained a Hold rating on Packaging Corp (PKG) yesterday. The company’s shares closed yesterday at $97.57.

According to TipRanks.com, Josephson is a 4-star analyst with an average return of 9.1% and a 69.7% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.

Currently, the analyst consensus on Packaging Corp is a Hold with an average price target of $103.50.

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Packaging Corp’s market cap is currently $9.22B and has a P/E ratio of 11.79. The company has a Price to Book ratio of 3.30.

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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.

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