$171.52
-2.40[-1.38%]
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Packaging Corp of America
(NYSE:PKG)Packaging Corp of America Stock (NYSE:PKG), Analyst Ratings, Price Targets, Predictions
Packaging Corp of America has a consensus price target of $127.75, established from looking at the 44 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Citigroup, and B of A Securities on April 24, 2024, April 4, 2024, and March 4, 2024. With an average price target of $124.67 between Wells Fargo, Citigroup, and B of A Securities, there's an implied -27.32% downside for Packaging Corp of America from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Citigroup
B of A Securities
Seaport Global
Truist Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Packaging Corp of America
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/24/2024 | PKG | Buy Now | Packaging Corp of America | $171.52 | 11.36% | Wells Fargo | Gabe Hajde | $187 → $191 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 04/04/2024 | PKG | Buy Now | Packaging Corp of America | $171.52 | 6.69% | Citigroup | Anthony Pettinari | $172 → $183 | Maintains | Neutral | Get Alert |
| 03/04/2024 | PKG | Buy Now | Packaging Corp of America | $171.52 | — | B of A Securities | George Staphos | — | Upgrade | Neutral → Buy | Get Alert |
| 01/29/2024 | PKG | Buy Now | Packaging Corp of America | $171.52 | — | Seaport Global | Mark Weintraub | — | Downgrade | Buy → Neutral | Get Alert |
| 01/04/2024 | PKG | Buy Now | Packaging Corp of America | $171.52 | 9.03% | Truist Securities | Michael Roxland | $170 → $187 | Maintains | Buy | Get Alert |
| 11/30/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | 0.86% | Wells Fargo | Gabe Hajde | $147 → $173 | Maintains | Equal-Weight | Get Alert |
| 10/25/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -7.88% | Citigroup | Anthony Pettinari | $150 → $158 | Maintains | Neutral | Get Alert |
| 10/18/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -18.38% | Jefferies | Philip Ng | $142 → $140 | Maintains | Hold | Get Alert |
| 10/13/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -12.55% | Citigroup | Anthony Pettinari | $148 → $150 | Maintains | Neutral | Get Alert |
| 09/27/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -17.21% | Jefferies | Philip Ng | $105 → $142 | Upgrade | Underperform → Hold | Get Alert |
| 09/21/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -0.89% | Truist Securities | Michael Roxland | $156 → $170 | Maintains | Buy | Get Alert |
| 07/27/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -13.71% | Citigroup | Anthony Pettinari | $128 → $148 | Maintains | Neutral | Get Alert |
| 07/26/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -9.05% | Truist Securities | Michael Roxland | $140 → $156 | Maintains | Buy | Get Alert |
| 07/18/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -18.38% | Truist Securities | Michael Roxland | $141 → $140 | Maintains | Buy | Get Alert |
| 07/17/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -28.87% | Wells Fargo | Gabe Hajde | $124 → $122 | Maintains | Equal-Weight | Get Alert |
| 07/11/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -25.37% | Citigroup | Anthony Pettinari | $131 → $128 | Maintains | Neutral | Get Alert |
| 04/27/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -23.62% | Citigroup | Anthony Pettinari | $127 → $131 | Maintains | Neutral | Get Alert |
| 04/26/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -17.79% | Truist Securities | Michael Roxland | $144 → $141 | Maintains | Buy | Get Alert |
| 04/26/2023 | PKG | Buy Now | Packaging Corp of America | $171.52 | -26.54% | Wells Fargo | Gabe Hajde | $135 → $126 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Packaging Corp of America (PKG)?
The latest price target for Packaging Corp of America (NYSE: PKG) was reported by Wells Fargo on April 24, 2024. The analyst firm set a price target for $191.00 expecting PKG to rise to within 12 months (a possible 11.36% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Packaging Corp of America (PKG)?
The latest analyst rating for Packaging Corp of America (NYSE: PKG) was provided by Wells Fargo, and Packaging Corp of America upgraded their overweight rating.
When was the last upgrade for Packaging Corp of America (PKG)?
The last upgrade for Packaging Corp of America happened on April 24, 2024 when Wells Fargo raised their price target to $191. Wells Fargo previously had an equal-weight for Packaging Corp of America.
When was the last downgrade for Packaging Corp of America (PKG)?
The last downgrade for Packaging Corp of America happened on January 29, 2024 when Seaport Global changed their price target from N/A to N/A for Packaging Corp of America.
When is the next analyst rating going to be posted or updated for Packaging Corp of America (PKG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Packaging Corp of America, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Packaging Corp of America was filed on April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 2025.
Is the Analyst Rating Packaging Corp of America (PKG) correct?
While ratings are subjective and will change, the latest Packaging Corp of America (PKG) rating was a upgraded with a price target of $187.00 to $191.00. The current price Packaging Corp of America (PKG) is trading at is $171.52, which is out of the analyst’s predicted range.
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