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Packaging Corp of America

PKGNYSE
Logo brought to you by Benzinga Data
$212.40
00.00%
At close: Sep 18, 4:27 PM EDT
$212.40
00.00%
After Hours: 4:27 PM EDT
15 minutes delayed
The dividend Ex-Date was 3 days ago
Consensus Rating1
Buy
Highest Price Target1
$219.00
Lowest Price Target1
$104.00
Consensus Price Target1
$172.13

Packaging Corp of America (NYSE:PKG) Stock, Analyst Ratings, Price Targets, Forecasts

Packaging Corp of America has a consensus price target of $172.13 based on the ratings of 9 analysts. The high is $219 issued by Truist Securities on July 25, 2024. The low is $104 issued by Deutsche Bank on October 18, 2022. The 3 most-recent analyst ratings were released by Wells Fargo, Truist Securities, and Truist Securities on July 25, 2024, July 25, 2024, and July 16, 2024, respectively. With an average price target of $216.33 between Wells Fargo, Truist Securities, and Truist Securities, there's an implied 1.85% upside for Packaging Corp of America from these most-recent analyst ratings.

Analyst Trends and Forecast
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2
Apr
0
0
0
0
May
0
0
0
0
Jun
2
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Truist Securities
Citigroup
B of A Securities
Jefferies

1calculated from analyst ratings

Analyst Ratings for Packaging Corp of America

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FAQ

Q

What is the target price for Packaging Corp of America (PKG) stock?

A

The latest price target for Packaging Corp of America (NYSE:PKG) was reported by Wells Fargo on July 25, 2024. The analyst firm set a price target for $215.00 expecting PKG to rise to within 12 months (a possible 1.22% upside). 19 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Packaging Corp of America (PKG)?

A

The latest analyst rating for Packaging Corp of America (NYSE:PKG) was provided by Wells Fargo, and Packaging Corp of America maintained their overweight rating.

Q

When was the last upgrade for Packaging Corp of America (PKG)?

A

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.

Q

When was the last downgrade for Packaging Corp of America (PKG)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Packaging Corp of America (PKG)?

A

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 July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.

Q

Is the Analyst Rating Packaging Corp of America (PKG) correct?

A

While ratings are subjective and will change, the latest Packaging Corp of America (PKG) rating was a maintained with a price target of $194.00 to $215.00. The current price Packaging Corp of America (PKG) is trading at is $212.40, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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