UBS analyst Anojja Shah initiated coverage of Packaging Corp. (PKG) with a Neutral rating and $200 price target While the company regularly posts the best volumes and margins in the sector, the market is implying EBITDA levels above UBS and consensus numbers for 2025 and /2026, the analyst tells investors in a research note. The firm says Packaging Corp. remains a strong operator, but market expectations are above consensus forecasts.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PKG:
- Containerboard closures happening more quickly than expected, says BofA
- GP mill closure positive for containerboard names, says Truist
- Packaging Corporation Approves Key Proposals at Annual Meeting
- Wells Fargo downgrades Packaging Corp. to Equal Weight, lowers target to $180
- Packaging Corp. downgraded to Equal Weight from Overweight at Wells Fargo