Packaging Co. of America - PKG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $173.86
  • Forecasted Upside: -0.04%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$173.92
▲ +3.04 (1.78%)

This chart shows the closing price for PKG by one month, three months, or twelve months.

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Analyst Price Target for PKG

Analyst Price Target is $173.86
▼ -0.04% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Packaging Co. of America in the last 3 months. The average price target is $173.86, with a high forecast of $202.00 and a low forecast of $132.00. The average price target represents a -0.04% upside from the last price of $173.92.

This chart shows the closing price for PKG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 contributing investment analysts is to hold stock in Packaging Co. of America. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
11/1/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/24/2024Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$187.00 ➝ $191.00Low
4/12/2024BNP ParibasDowngradeOutperform ➝ Neutral$182.00Low
4/4/2024CitigroupBoost TargetNeutral ➝ Neutral$172.00 ➝ $183.00Low
3/4/2024Bank of AmericaUpgradeNeutral ➝ Buy$172.00 ➝ $202.00Low
1/29/2024Seaport Res PtnDowngradeBuy ➝ NeutralLow
1/4/2024Truist FinancialBoost TargetBuy ➝ Buy$170.00 ➝ $187.00Low
11/30/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$147.00 ➝ $173.00Low
10/25/2023CitigroupBoost TargetNeutral ➝ Neutral$150.00 ➝ $158.00Low
10/18/2023Jefferies Financial GroupLower TargetHold ➝ Hold$142.00 ➝ $140.00Low
10/13/2023CitigroupBoost TargetNeutral ➝ Neutral$148.00 ➝ $150.00Low
9/27/2023Jefferies Financial GroupUpgradeUnderperform ➝ Hold$105.00 ➝ $142.00Low
9/21/2023Truist FinancialBoost TargetBuy ➝ Buy$156.00 ➝ $170.00Low
7/27/2023Wells Fargo & CompanyBoost Target$122.00 ➝ $137.00Low
7/27/2023CitigroupBoost Target$128.00 ➝ $148.00Low
7/26/2023Truist FinancialBoost TargetBuy$140.00 ➝ $156.00Low
7/18/2023Truist FinancialLower TargetBuy$141.00 ➝ $140.00Low
7/10/2023Bank of AmericaLower Target$145.00 ➝ $138.00Low
7/10/2023CitigroupLower Target$131.00 ➝ $128.00Low
6/30/2023UBS GroupLower Target$137.00 ➝ $132.00Low
4/26/2023VNET GroupReiterated RatingMaintainsLow
4/26/202322nd Century GroupReiterated RatingMaintainsLow
4/26/2023Wells Fargo & CompanyLower Target$135.00 ➝ $126.00Low
4/20/2023Bank of AmericaBoost TargetNeutral$149.00 ➝ $150.00Low
1/27/2023Truist FinancialBoost TargetBuy$138.00 ➝ $144.00Low
1/9/2023Wells Fargo & CompanyBoost TargetEqual Weight$124.00 ➝ $125.00Low
1/4/2023CitigroupBoost Target$123.00 ➝ $130.00Low
12/15/2022Bank of AmericaDowngradeBuy ➝ Neutral$146.00 ➝ $139.00Low
10/27/2022Deutsche Bank AktiengesellschaftLower Target$104.00 ➝ $99.00Low
10/26/2022BMO Capital MarketsLower Target$155.00 ➝ $130.00Low
10/18/2022Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell$144.00 ➝ $104.00Low
10/13/2022Bank of AmericaLower Target$155.00 ➝ $134.00Low
10/11/2022CitigroupLower TargetNeutral$147.00 ➝ $124.00Low
10/6/2022Wells Fargo & CompanyLower TargetEqual Weight$143.00 ➝ $124.00Low
9/29/2022Truist FinancialLower TargetBuy$175.00 ➝ $152.00Low
9/16/2022Jefferies Financial GroupDowngradeHold ➝ Underperform$130.00 ➝ $112.00Low
7/27/2022Truist FinancialLower TargetOutperform$175.00Low
7/27/2022CitigroupBoost TargetNeutral$144.00 ➝ $147.00Low
7/19/2022Deutsche Bank AktiengesellschaftLower Target$158.00 ➝ $144.00Low
7/18/2022Wells Fargo & CompanyLower TargetEqual Weight$162.00 ➝ $154.00Low
6/21/2022CitigroupLower TargetNeutral$163.00 ➝ $144.00Low
4/29/2022ArgusBoost Target$160.00 ➝ $176.00Low
4/28/2022Wells Fargo & CompanyBoost Target$154.00 ➝ $162.00Low
4/27/2022Truist FinancialBoost Target$170.00 ➝ $182.00Medium
4/18/2022Deutsche Bank AktiengesellschaftBoost TargetHold$141.00 ➝ $158.00High
3/17/2022Wells Fargo & CompanyBoost TargetEqual Weight$150.00 ➝ $154.00Low
2/17/2022UBS GroupUpgradeSell ➝ Neutral$127.00 ➝ $154.00Low
1/31/2022Truist FinancialUpgradeHold ➝ Buy$143.00 ➝ $170.00High
1/28/2022Seaport Res PtnUpgradeNeutral ➝ BuyMedium
1/28/2022Truist FinancialBoost Target$137.00 ➝ $143.00Low
12/20/2021Deutsche Bank AktiengesellschaftLower TargetHold$135.00 ➝ $129.00Medium
11/5/2021Jefferies Financial GroupReiterated RatingHold ➝ Neutral$157.00Medium
10/13/2021Truist FinancialInitiated CoverageHold$131.00High
10/8/2021Wells Fargo & CompanyLower TargetEqual Weight$155.00 ➝ $145.00High
9/28/2021UBS GroupBoost TargetSell$115.00 ➝ $125.00Medium
6/21/2021Wells Fargo & CompanyBoost TargetEqual Weight$145.00 ➝ $155.00Medium
4/29/2021Morgan StanleyBoost TargetEqual Weight$131.00 ➝ $140.00High
4/28/2021Wells Fargo & CompanyBoost TargetEqual Weight$135.00 ➝ $145.00Low
4/28/2021BMO Capital MarketsBoost TargetMarket Perform$140.00 ➝ $150.00Low
4/19/2021Deutsche Bank AktiengesellschaftBoost TargetHold$128.00 ➝ $135.00High
2/1/2021Morgan StanleyBoost TargetEqual Weight$126.00 ➝ $131.00Low
1/20/2021Deutsche Bank AktiengesellschaftBoost TargetPositive ➝ Hold$100.00 ➝ $128.00Low
1/12/2021UBS GroupInitiated CoverageSell$146.00High
1/12/2021Morgan StanleyBoost TargetEqual Weight$111.00 ➝ $126.00Low
1/12/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform$144.00 ➝ $134.00Low
1/11/2021Wells Fargo & CompanyBoost TargetEqual Weight$115.00 ➝ $140.00High
1/8/2021ArgusBoost TargetBuy$130.00 ➝ $160.00Low
1/5/2021Jefferies Financial GroupInitiated CoverageHold$130.00N/A
12/7/2020KeyCorpUpgradeUnderweight ➝ Sector WeightMedium
10/28/2020Wells Fargo & CompanyBoost TargetEqual Weight$110.00 ➝ $115.00Low
10/28/2020KeyCorpBoost TargetOverweight$90.00 ➝ $105.00Low
10/26/2020Morgan StanleyBoost TargetEqual Weight$93.00 ➝ $111.00High
10/12/2020BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$102.00 ➝ $134.00High
9/15/2020Bank of AmericaBoost TargetBuy$115.00 ➝ $118.00Medium
9/9/2020Wells Fargo & CompanyBoost TargetEqual Weight$100.00 ➝ $102.00Low
8/19/2020ArgusBoost TargetBuy$100.00 ➝ $110.00Low
7/16/2020Bank of AmericaUpgradeNeutral ➝ BuyLow
6/15/2020Morgan StanleyInitiated CoverageEqual Weight$93.00High
5/26/2020Deutsche Bank AktiengesellschaftLower TargetHold$115.00 ➝ $100.00High
5/14/2020ArgusUpgradeHold ➝ Buy$100.00High
4/29/2020Bank of AmericaBoost TargetNeutral$95.00 ➝ $100.00Low
4/20/2020ArgusDowngradeBuy ➝ HoldHigh
4/9/2020Wells Fargo & CompanyLower TargetEqual Weight$95.00 ➝ $85.00Low
4/9/2020KeyCorpLower TargetUnderweight$89.00 ➝ $79.00High
3/19/2020ArgusUpgradeHold ➝ Buy$118.00High
2/3/2020CitigroupLower TargetNeutral$108.00 ➝ $98.00Medium
1/31/2020DA DavidsonReiterated RatingBuyMedium
1/31/2020ArgusDowngradeBuy ➝ Hold$102.00High
12/10/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$102.00Medium
12/9/2019Deutsche Bank AktiengesellschaftBoost TargetHold$100.00 ➝ $115.00Low
12/2/2019Exane BNP ParibasInitiated CoverageNeutral$118.00Low
12/2/2019BNP ParibasInitiated CoverageNeutral$118.00Low
11/26/2019Vertical ResearchDowngradeBuy ➝ Hold$117.00High
10/25/2019ArgusSet TargetBuy$118.00Low
10/25/2019Wells Fargo & CompanyBoost TargetMarket Perform$100.00 ➝ $102.00Medium
10/24/2019KeyCorpReiterated RatingSell$89.00Medium
10/24/2019Bank of AmericaBoost TargetNeutral$108.00 ➝ $112.00Medium
10/17/2019CitigroupBoost TargetNeutral$101.00 ➝ $108.00Low
7/15/2019KeyCorpDowngradeSector Weight ➝ Underweight$89.00Low
6/24/2019UBS GroupSet TargetBuy$106.00Low
5/15/2019UBS GroupInitiated CoverageBuy ➝ Buy$109.00Low
4/26/2019StephensDowngradeOverweight ➝ Equal Weight$100.00Low
4/25/2019KeyCorpReiterated RatingHoldLow
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.61 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 19 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/27/2023
  • 20 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
10/27/2023
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/26/2023
  • 12 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/26/2023
  • 14 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/25/2024
  • 23 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/24/2024
  • 22 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/25/2024
  • 16 very positive mentions
  • 24 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
4/24/2024

Current Sentiment

  • 16 very positive mentions
  • 24 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Packaging Co. of America logo
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
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Today's Range

Now: $173.92
Low: $171.02
High: $174.91

50 Day Range

MA: $181.56
Low: $165.40
High: $190.71

52 Week Range

Now: $173.92
Low: $122.20
High: $191.27

Volume

870,835 shs

Average Volume

701,101 shs

Market Capitalization

$15.61 billion

P/E Ratio

21.74

Dividend Yield

2.79%

Beta

0.78

Frequently Asked Questions

What sell-side analysts currently cover shares of Packaging Co. of America?

The following sell-side analysts have issued research reports on Packaging Co. of America in the last twelve months: 22nd Century Group, Inc., Bank of America Co., BNP Paribas, Citigroup Inc., Jefferies Financial Group Inc., Seaport Res Ptn, StockNews.com, Truist Financial Co., UBS Group AG, VNET Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for PKG.

What is the current price target for Packaging Co. of America?

7 Wall Street analysts have set twelve-month price targets for Packaging Co. of America in the last year. Their average twelve-month price target is $173.86, suggesting a possible downside of 0.0%. Bank of America Co. has the highest price target set, predicting PKG will reach $202.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $132.00 for Packaging Co. of America in the next year.
View the latest price targets for PKG.

What is the current consensus analyst rating for Packaging Co. of America?

Packaging Co. of America currently has 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PKG, but not buy more shares or sell existing shares.
View the latest ratings for PKG.

What other companies compete with Packaging Co. of America?

Other companies that are similar to Packaging Co. of America include Graphic Packaging, Sonoco Products, Graco, Nordson and CNH Industrial. Learn More about companies similar to Packaging Co. of America.

How do I contact Packaging Co. of America's investor relations team?

Packaging Co. of America's physical mailing address is 1 NORTH FIELD COURT, LAKE FOREST IL, 60045. The industrial products company's listed phone number is (847) 482-3000. The official website for Packaging Co. of America is www.packagingcorp.com. Learn More about contacing Packaging Co. of America investor relations.