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Packaging ( (PKG) ) has issued an update.
On June 30, 2025, Packaging Corporation of America entered into a definitive agreement to acquire the containerboard business of Greif, Inc. for $1.8 billion in cash. This acquisition, expected to close in the third quarter of 2025, is subject to customary conditions and regulatory approvals, and includes provisions for termination rights and indemnification, potentially impacting PCA’s market positioning and operational capabilities.
The most recent analyst rating on (PKG) stock is a Hold with a $187.00 price target. To see the full list of analyst forecasts on Packaging stock, see the PKG Stock Forecast page.
Spark’s Take on PKG Stock
According to Spark, TipRanks’ AI Analyst, PKG is a Outperform.
Packaging Corporation of America demonstrates strong financial performance and positive strategic initiatives, such as the acquisition of Greif’s containerboard business. However, potential risks include cash flow reporting gaps and economic uncertainties. Technical indicators show positive momentum, but the RSI suggests cautious optimism.
To see Spark’s full report on PKG stock, click here.
More about Packaging
Packaging Corporation of America (PCA) operates in the packaging industry, focusing on the production and sale of containerboard and corrugated packaging products.
Average Trading Volume: 846,654
Technical Sentiment Signal: Buy
Current Market Cap: $18.24B
For an in-depth examination of PKG stock, go to TipRanks’ Overview page.