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Packaging Corporation Completes Acquisition of Greif’s Business

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Packaging Corporation Completes Acquisition of Greif’s Business

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Packaging ( (PKG) ) just unveiled an update.

On August 31, 2025, Packaging Corporation of America (PCA) completed the acquisition of Greif’s containerboard business for approximately $1.8 billion. This strategic acquisition, funded through a combination of cash and new borrowings, expands PCA’s production capacity significantly with the addition of two containerboard mills and eight plants across the U.S., potentially enhancing its market position and operational capabilities.

The most recent analyst rating on (PKG) stock is a Buy with a $247.00 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 strategic growth initiatives, particularly through acquisitions and price increases. While technical indicators show bullish momentum, the stock’s valuation suggests limited upside. The positive earnings call and corporate events further bolster the company’s growth outlook, despite some operational challenges.

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 of containerboard and corrugated products.

Average Trading Volume: 752,744

Technical Sentiment Signal: Strong Buy

Current Market Cap: $19.61B

See more data about PKG stock on TipRanks’ Stock Analysis page.

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