share_log

A Quick Look at Today's Ratings for Packaging Corp of America(PKG.US), With a Forecast Between $252 to $253

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Packaging Corp of America (PKG.US)$, with price targets ranging from $252 to $253.

BofA Securities analyst George Staphos maintains with a buy rating.

Wells Fargo analyst Gabrial Hajde maintains with a buy rating, and maintains the target price at $253.

Truist Financial analyst Michael Roxland maintains with a buy rating, and sets the target price at $252.

Seaport Global analyst Mark Weintraub maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Packaging Corp of America (PKG.US)$'s main analysts recently are as follows:

  • Packaging Corp. is distinguished by its 11.1% of same-day shipments in Q3, positioning it uniquely within its sector. The company's refined commercial and operational strategies, along with well-invested assets and the prospect of capital returns, contribute to a positive outlook on its performance.

Here are the latest investment ratings and price targets for $Packaging Corp of America (PKG.US)$ from 4 analysts:

StockTodayLatestRating_nn_201887_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment