International Paper Company with ticker code (IP) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 53 and 29 with the average target price sitting at 42.08. With the stocks previous close at 46.4 this would indicate that there is a downside of -9.3%. The 50 day moving average now sits at 42.22 while the 200 day moving average is 36.79. The company has a market capitalisation of $17,803m. Visit the company website at: http://www.internationalpaper.com
International Paper Company operates as a paper and packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and the Americas. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating Kraft. The 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, reinforced plastics and more. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end-use applications comprising brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. It sells its uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brands. The company sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.
You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.