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

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $137.67
Forecasted Upside: 3.02 %
Number of Analysts: 10
Breakdown:
1 Sell Ratings
7 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$133.63 As of 07/23/2021 01:00 AM ET

▲ +2.11 (1.60%)

1 month | 3 months | 12 months

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Analyst Price Target for PKG

^$137.67

▲ +3.02% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Packaging Co. of America in the last 3 months. The average price target is $137.67, with a high forecast of $160.00 and a low forecast of $105.00. The average price target represents a 3.02% upside from the last price of $133.63.

Current Consensus is Hold

The current consensus among 10 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 Description Skip Past Price Target Consensus Chart

0 strong buy ratings
2 buy ratings
9 hold ratings
2 sell ratings

Ratings as of

1/30/2020

0 strong buy ratings
3 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

4/29/2020

0 strong buy ratings
3 buy ratings
9 hold ratings
1 sell ratings

Ratings as of

7/28/2020

0 strong buy ratings
3 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

10/26/2020

0 strong buy ratings
3 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

1/24/2021

0 strong buy ratings
2 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

4/24/2021

0 strong buy ratings
2 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

6/23/2021

0 strong buy ratings
2 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

7/23/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/21/2021	Wells Fargo & Company	Boost Price Target	Equal Weight	$145.00 ➝ $155.00	Medium
4/29/2021	Morgan Stanley	Boost Price Target	Equal Weight	$131.00 ➝ $140.00	High
4/28/2021	Wells Fargo & Company	Boost Price Target	Equal Weight	$135.00 ➝ $145.00	Low
4/28/2021	BMO Capital Markets	Boost Price Target	Market Perform	$140.00 ➝ $150.00	Low
4/19/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$128.00 ➝ $135.00	High
2/1/2021	Morgan Stanley	Boost Price Target	Equal Weight	$126.00 ➝ $131.00	Low
1/20/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Positive ➝ Hold	$100.00 ➝ $128.00	Low
1/12/2021	UBS Group	Initiated Coverage	Sell	$146.00	High
1/12/2021	Morgan Stanley	Boost Price Target	Equal Weight	$111.00 ➝ $126.00	Low
1/12/2021	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$144.00 ➝ $134.00	Low
1/11/2021	Wells Fargo & Company	Boost Price Target	Equal Weight	$115.00 ➝ $140.00	High
1/8/2021	Argus	Boost Price Target	Buy	$130.00 ➝ $160.00	Low
1/5/2021	Jefferies Financial Group	Initiated Coverage	Hold	$130.00	N/A
12/7/2020	KeyCorp	Upgrade	Underweight ➝ Sector Weight		Medium
10/28/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$110.00 ➝ $115.00	Low
10/28/2020	KeyCorp	Boost Price Target	Overweight	$90.00 ➝ $105.00	Low
10/26/2020	Morgan Stanley	Boost Price Target	Equal Weight	$93.00 ➝ $111.00	High
10/12/2020	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$102.00 ➝ $134.00	High
9/15/2020	Bank of America	Boost Price Target	Buy	$115.00 ➝ $118.00	Medium
9/9/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$100.00 ➝ $102.00	Low
8/19/2020	Argus	Boost Price Target	Buy	$100.00 ➝ $110.00	Low
7/27/2020	Seaport Global Securities	Reiterated Rating	Neutral		High
7/16/2020	Bank of America	Upgrade	Neutral ➝ Buy		Low
6/15/2020	Morgan Stanley	Initiated Coverage	Equal Weight	$93.00	High
5/26/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$115.00 ➝ $100.00	High
5/14/2020	Argus	Upgrade	Hold ➝ Buy	$100.00	High
4/29/2020	Bank of America	Boost Price Target	Neutral	$95.00 ➝ $100.00	Low
4/20/2020	Argus	Downgrade	Buy ➝ Hold		High
4/9/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$95.00 ➝ $85.00	Low
4/9/2020	KeyCorp	Lower Price Target	Underweight	$89.00 ➝ $79.00	High
3/19/2020	Argus	Upgrade	Hold ➝ Buy	$118.00	High
2/3/2020	Citigroup	Lower Price Target	Neutral	$108.00 ➝ $98.00	Medium
1/31/2020	DA Davidson	Reiterated Rating	Buy		Medium
1/31/2020	Argus	Downgrade	Buy ➝ Hold	$102.00	High
12/10/2019	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$102.00	Medium
12/9/2019	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$100.00 ➝ $115.00	Low
12/2/2019	Exane BNP Paribas	Initiated Coverage	Neutral	$118.00	Low
12/2/2019	BNP Paribas	Initiated Coverage	Neutral	$118.00	Low
11/26/2019	Vertical Research	Downgrade	Buy ➝ Hold	$117.00	High
10/25/2019	Argus	Set Price Target	Buy	$118.00	Low
10/25/2019	Wells Fargo & Company	Boost Price Target	Market Perform	$100.00 ➝ $102.00	Medium
10/24/2019	KeyCorp	Reiterated Rating	Sell	$89.00	Medium
10/24/2019	Bank of America	Boost Price Target	Neutral	$108.00 ➝ $112.00	Medium
10/17/2019	Citigroup	Boost Price Target	Neutral	$101.00 ➝ $108.00	Low
7/15/2019	KeyCorp	Downgrade	Sector Weight ➝ Underweight	$89.00	Low
7/12/2019	Seaport Global Securities	Downgrade	Buy ➝ Neutral	$98.02	Low
6/24/2019	UBS Group	Set Price Target	Buy	$106.00	Low
5/15/2019	UBS Group	Initiated Coverage	Buy ➝ Buy	$109.00	Low
4/26/2019	Stephens	Downgrade	Overweight ➝ Equal Weight	$100.00	Low
4/25/2019	KeyCorp	Reiterated Rating	Hold		Low
4/16/2019	Bank of America	Downgrade	Buy ➝ Neutral		High
4/5/2019	Bank of America	Reiterated Rating	Buy ➝ Buy	$105.00 ➝ $112.00	Low
1/9/2019	Wells Fargo & Company	Downgrade	Outperform ➝ Market Perform	$110.00 ➝ $93.00	High
1/7/2019	Citigroup	Lower Price Target	Neutral ➝ Neutral	$98.00 ➝ $88.00	Medium
10/29/2018	Barclays	Lower Price Target	Equal Weight ➝ Equal Weight	$100.00 ➝ $95.00	Low
10/29/2018	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$120.00	Medium
10/26/2018	Argus	Lower Price Target	Buy ➝ Buy	$130.00 ➝ $105.00	N/A
10/26/2018	Wells Fargo & Company	Lower Price Target	Outperform ➝ Outperform	$140.00 ➝ $110.00	N/A
10/25/2018	KeyCorp	Reiterated Rating	Hold		Medium
10/23/2018	Seaport Global Securities	Initiated Coverage	Buy ➝ Buy	$112.00	Low
10/11/2018	Citigroup	Lower Price Target	Neutral	$124.00 ➝ $98.00	Low
10/9/2018	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$130.00 ➝ $108.00	High
7/30/2018	Barclays	Lower Price Target	Equal Weight ➝ Equal Weight	$125.00 ➝ $120.00	Low
7/30/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$121.00 ➝ $124.00	Low
7/27/2018	Wells Fargo & Company	Lower Price Target	Market Perform ➝ Market Perform	$150.00 ➝ $140.00	Medium
7/10/2018	Citigroup	Lower Price Target	Neutral ➝ Neutral	$128.00 ➝ $121.00	Low
7/5/2018	Stephens	Reiterated Rating	Buy		Low
4/25/2018	KeyCorp	Reiterated Rating	Hold		Low
4/5/2018	Citigroup	Lower Price Target	Neutral ➝ Neutral	$136.00 ➝ $123.00	Low
2/12/2018	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$110.00 ➝ $120.00	Low
2/12/2018	DA Davidson	Upgrade	Neutral ➝ Buy		Medium
2/2/2018	KeyCorp	Reiterated Rating	Hold		Low
2/1/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$134.00 ➝ $138.00	Low
2/1/2018	Wells Fargo & Company	Boost Price Target	Market Perform ➝ Market Perform	$130.00 ➝ $150.00	Low
2/1/2018	DA Davidson	Boost Price Target	Neutral ➝ Positive	$135.00	Medium
1/31/2018	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform		High
1/25/2018	BMO Capital Markets	Reiterated Rating	Buy	$130.00	Low
1/10/2018	Stephens	Set Price Target	Buy	$136.00	Low
1/8/2018	Wells Fargo & Company	Reiterated Rating	Market Perform	$115.00 ➝ $130.00	Low
10/30/2017	Barclays	Boost Price Target	Equal Weight	$108.00 ➝ $110.00	N/A
10/29/2017	KeyCorp	Reiterated Rating	Hold		N/A
10/24/2017	Stephens	Initiated Coverage	Overweight	$130.00	N/A
10/18/2017	KeyCorp	Reiterated Rating	Hold		N/A
10/12/2017	KeyCorp	Reiterated Rating	Hold		N/A
10/9/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$94.00 ➝ $120.00	N/A
8/23/2017	Vertical Research	Reiterated Rating	Buy	$118.00 ➝ $124.00	Low
8/22/2017	BMO Capital Markets	Reiterated Rating	Outperform	$118.00 ➝ $122.00	Medium
8/18/2017	Jefferies Financial Group	Reiterated Rating	Buy	$128.00	Low
8/4/2017	BMO Capital Markets	Reiterated Rating	Buy	$118.00	Low
7/14/2017	Jefferies Financial Group	Reiterated Rating	Buy	$114.00 ➝ $128.00	Low
7/13/2017	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$105.00 ➝ $111.00	Medium
7/10/2017	Wells Fargo & Company	Downgrade	Outperform ➝ Market Perform		Medium
7/6/2017	KeyCorp	Initiated Coverage	Sector Weight		Low
6/30/2017	BMO Capital Markets	Boost Price Target	Outperform	$104.00 ➝ $118.00	Low
6/2/2017	BMO Capital Markets	Reiterated Rating	Buy	$104.00	Low
6/1/2017	Jefferies Financial Group	Set Price Target	Buy	$114.00	Low
5/1/2017	Barclays	Lower Price Target	Equal Weight	$100.00 ➝ $90.00	Low
5/1/2017	BMO Capital Markets	Reiterated Rating	Buy	$100.00 ➝ $104.00	Low
4/29/2017	Jefferies Financial Group	Reiterated Rating	Buy	$107.00 ➝ $114.00	Low
4/25/2017	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$91.00 ➝ $94.00	Low
4/14/2017	Citigroup	Boost Price Target	Neutral	$106.00 ➝ $112.00	N/A
4/12/2017	Jefferies Financial Group	Reiterated Rating	Buy	$107.00	Low
2/21/2017	Bank of America	Reiterated Rating	Buy	$103.00 ➝ $106.00	N/A
2/6/2017	Barclays	Downgrade	Overweight ➝ Equal Weight	$92.00 ➝ $90.00	N/A
2/2/2017	Jefferies Financial Group	Boost Price Target	Buy	$97.00 ➝ $104.00	N/A
1/31/2017	DA Davidson	Downgrade	Buy ➝ Neutral	$96.00	N/A
1/25/2017	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$100.00	N/A
11/22/2016	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$86.29 ➝ $90.00	N/A
11/15/2016	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$89.00 ➝ $50.00	N/A
10/21/2016	BMO Capital Markets	Reiterated Rating	Buy	$89.00	N/A
10/21/2016	Jefferies Financial Group	Reiterated Rating	Buy	$96.00 ➝ $93.00	N/A
10/18/2016	Bank of America	Upgrade	Neutral ➝ Buy	$92.00	N/A
9/23/2016	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$90.00 ➝ $90.00	N/A
9/22/2016	The Goldman Sachs Group	Initiated Coverage	Sell	$77.00 ➝ $77.00	N/A
9/2/2016	Argus	Reiterated Rating	Buy	$79.00 ➝ $84.00	N/A
8/31/2016	Citigroup	Boost Price Target	Neutral	$76.00 ➝ $81.00	N/A
8/23/2016	Jefferies Financial Group	Reiterated Rating	Buy		N/A
8/12/2016	Jefferies Financial Group	Reiterated Rating	Buy		N/A
8/10/2016	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$75.00 ➝ $77.00	N/A
7/25/2016	Jefferies Financial Group	Boost Price Target	Buy	$80.00 ➝ $84.00	N/A
7/25/2016	Barclays	Boost Price Target	Overweight	$71.00 ➝ $81.00	N/A

(Data available from 7/23/2016 forward)

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. 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-based papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

Today's Range

Now: $133.63

$131.26

$134.10

50 Day Range

MA: $141.04

$131.52

$155.13

52 Week Range

Now: $133.63

$92.01

$156.54

Volume

490,595 shs

Average Volume

604,484 shs

Market Capitalization

$12.69 billion

P/E Ratio

26.20

Dividend Yield

3.04%

Beta

0.89

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: Argus, Bank of America Co., BMO Capital Markets, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., KeyCorp, Morgan Stanley, Seaport Global Securities, UBS Group AG, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for PKG.

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

9 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 $137.67, suggesting a possible upside of 4.7%. Argus has the highest price target set, predicting PKG will reach $160.00 in the next twelve months. KeyCorp has the lowest price target set, forecasting a price of $105.00 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 1 sell rating, 7 hold ratings and 2 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 Fanuc, KONE Oyj, Cintas, Parker-Hannifin, Mitsui & Co., Ltd., Ashtead Group, Rockwell Automation, ASSA ABLOY AB (publ), Stanley Black & Decker, Sandvik AB (publ), Techtronic Industries, Ferguson, Zebra Technologies, Ball and Kubota.

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.