International Paper Company with ticker code (IP) now have 9 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 44 and 30 suggesting an average Analsyt target price of $37.67. Given that the stocks previous close was at $35.24 and the analysts are correct then we can expect a percentage increase in value of 6.9%. It’s also worth noting that there is a 50 day moving average of $37.41 and the 200 day moving average is $38.17. The market capitalization for the company is $12,043m. Company Website: https://www.internationalpaper.com
The potential market cap would be $12,873m based on the market consensus.
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.
The company has a dividend yield of 5.31% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 7.35, revenue per share of 58.22 and a 4.95% return on assets.
