International Paper Co (NYSE:IP) stock price target increased to $51.66, issued a ratings update today by Vetr Inc.
- Updated: October 16, 2016
Vetr Inc. raised the target price of International Paper Co (NYSE:IP) to $51.66 indicating a possible upside of 0.13%.
On 10/03/2016, Zacks Investment Research released a statement on International Paper Co (NYSE:IP) bumped up the target price from $0.00 to $55.00 that suggested an upside of 0.15%.
Yesterday International Paper Co (NYSE:IP) traded 1.99% higher at $45.72. International Paper Co’s 50-day average is $47.91 and its two hundred day average is $44.37. With the last stock price up 5.31% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,486,936 shares of IP traded hands, up from an average trading volume of 2,784,100
Recent Performance Chart
International Paper Co has price-earnings ratio of 25.31 with a one year low of $32.50 and a one year high of $49.90 and has a total market value of $0.
A total of 15 analysts have released a research note on International Paper Co. Six firms rating the stock a strong buy, 3 firms rating the stock a buy, 8 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $46.47.
Brief Synopsis About 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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