International Paper Company with ticker code (IP) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 44 and 30 and has a mean target at 38.78. Now with the previous closing price of 36.29 this now indicates there is a potential upside of 6.9%. The 50 day MA is 37.53 and the 200 day moving average is 38.81. The company has a market cap of $12,890m. Visit the company website at: https://www.internationalpaper.com
The potential market cap would be $13,775m based on the market concensus.
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International Paper Company produces renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through Industrial Packaging and Global Cellulose Fibers segment. The company’s Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings applications. In addition, it sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
