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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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