Zacks Rating on Packaging Corporation of America (PKG)

Packaging Corporation of America (PKG) : Zacks Investment Research ranks Packaging Corporation of America (PKG) as 2, which is a Buy recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.09, which indicates as a Buy.

Packaging Corporation of America (PKG) : Average target price received by Packaging Corporation of America (PKG) is $78.88 with an expected standard deviation of $6.31. The most aggressive target on the stock is $84, whereas the most downbeat target is $65. 8 financial analysts are currently covering the stock.


Shares of Packaging Corporation of America rose by 0.3% in the last five trading days and 4.13% for the last 4 weeks. Packaging Corporation of America is up 18.08% in the last 3-month period. Year-to-Date the stock performance stands at 24.51%. Packaging Corporation of America (NYSE:PKG): stock turned positive on Tuesday. Though the stock opened at $77, the bulls momentum made the stock top out at $77.73 level for the day. The stock recorded a low of $76.79 and closed the trading day at $77.09, in the green by 0.76%. The total traded volume for the day was 456,673. The stock had closed at $76.51 in the previous days trading.

Packaging Corporation of America (PCA) is a producer of containerboard and white papers. The Company operates eight mills and 99 corrugated products manufacturing plants. The Companys operations are primarily in the United States and it has converting operations in Europe, Mexico, and Canada. The Company operates through three segments: Packaging, Paper, and Corporate and Other. The Companys corrugated products manufacturing plants produce a variety of corrugated packaging products, including shipping containers used to protect and transport manufactured goods, multi-color boxes, and displays. It manufactures its Packaging products at five containerboard mills, one containerboard machine, corrugated manufacturing operations, and protective packaging operations. Its Paper segment manufactures and sells white papers. Its Corporate and Other segment includes corporate support staff services and related assets and liabilities, and foreign exchange gains and losses.

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