International Paper Co (NYSE:IP) has been upgraded to Buy in a report by TheStreet today.
- Updated: December 1, 2016
Having a price of $49.26, International Paper Co (NYSE:IP) traded 1.68% higher on the day. With the last close up 9.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. IP has recorded a 50-day average of $46.51 and a two hundred day average of $45.44. Trade Volume was down over the average, with 964,470 shares of IP changing hands under the typical 2,902,730
TheStreet has upgraded International Paper Co (NYSE:IP) to Buy in a statement released on Thursday December 01, 2016.
On Monday February 08, 2016, Credit Suisse released a statement on International Paper Co (NYSE:IP) dropped the target price from $50.00 to $45.00 that suggested an upside of 0.29%.
Recent Performance Chart
International Paper Co has PE ratio of 23.86 with a one year low of $32.50 and a one year high of $49.90 and has a market capitalization of $0.
A total of 15 analysts have released a report 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.
General Company Details For 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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