Packaging Corp (PKG) Receives a Hold from KeyBanc


In a report issued on June 19, Adam Josephson from KeyBanc maintained a Hold rating on Packaging Corp (PKG). The company’s shares opened today at $94.10.

According to TipRanks.com, Josephson is a 4-star analyst with an average return of 9.0% 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.

Packaging Corp has an analyst consensus of Hold, with a price target consensus of $101.40.

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Packaging Corp’s market cap is currently $9.01B and has a P/E ratio of 11.52. The company has a Price to Book ratio of 3.22.

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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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