A statement released earlier today by Vetr Inc. about International Paper Co (NYSE:IP) bumps the target price to $51.66
- Updated: September 24, 2016
Stating as potential upside of 0.07%, Vetr Inc. upped the price target of International Paper Co (NYSE:IP) to $51.66
On 09/22/2016, Goldman Sachs Group Inc. released a statement on International Paper Co (NYSE:IP) upped the target price from $0.00 to $49.00 that suggested an upside of 0.01%.
Having a price of $48.49, International Paper Co (NYSE:IP) traded 1.04% higher on the day. With the last close up 10.85% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. International Paper Co has recorded a 50-day average of $47.82 and a two hundred day average of $43.67. Volume of trade was up over the average, with 3,683,721 shares of IP changing hands over the typical 2,757,680
With a total market value of $0, International Paper Co has price-earnings ratio of 26.22 with a one year low of $32.50 and a one year high of $49.90 .
A total of 15 analysts have released a research note on International Paper Co. Six analysts rating the company a strong buy, three analysts rating the company a buy, eight analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $46.47.
Brief Synopsis On International Paper Co (NYSE:IP)
International Paper Company (International Paper) is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. It is a manufacturer of containerboard in the United States. Its products include whitetop, recycled linerboard and saturating kraft. It is the producer of printing and writing papers. The products in Printing Papers segment include uncoated papers and pulp. Its uncoated papers engage in the business of producing papers for use in copiers, desktop and laser printers and digital imaging. Its uncoated papers are sold under private label and International Paper brand names that include Hammermill, Springhill, Ballet, Pol and Svetocopy. Its Everest, Fortress, and Starcote brands are used in packaging applications for everyday products, such as food and tobacco products.
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