International Paper Co (NYSE:IP) stock price target increased to $51.66, issued a research note today by Vetr Inc.
- Updated: October 14, 2016
In a report released on 10/17/2016 Vetr Inc. increased the stock price target of International Paper Co (NYSE:IP) to $51.66 indicating a possible upside of 0.11%.
Previously on 10/11/2016, Vetr Inc. reported on International Paper Co (NYSE:IP) increased the target price from $0.00 to $51.66. At the time, this indicated a possible upside of 0.13%.
Yesterday International Paper Co (NYSE:IP) traded 1.99% higher at $46.73. The company’s 50-day moving average is $47.91 and its 200-day moving average is $44.37. The last closing price is up 5.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,486,936 shares of the stock traded hands, up from an average trading volume of 2,784,100
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International Paper Co has a PE ratio of 25.31 with a one year low of $32.50 and a one year high of $49.90 International Paper Co’s market capitalization is currently $0.
In addition to Vetr Inc. reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The average stock price target is $46.47 with 6 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 8 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
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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