packaging corp of america nysepkg has earned a bbb credit rating from analysts at morningstar. the firms bbb rating indicates that the company is a moderate default risk. they also gave their stock a three star rating.pkg has been the subject of a number of other recent research reports. analysts at citigroup inc. reiterated a buy rating on shares of packaging corp of america in a research note on tuesday, october 28th. they now have a 80.00 price target on the stock, up previously from 71.00. separately, analysts at deutsche bank raised their price target on shares of packaging corp of america from 67.00 to 73.00 in a research note on wednesday, october 22nd. they now have a hold rating on the stock. finally, analysts at dundee securities initiated coverage on shares of packaging corp of america in a research note on monday, october 20th. they set a buy rating and a 75.00 price target on the stock. two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the companys stock. the stock presently has a consensus rating of buy and a consensus price target of 74.43.shares of packaging corp of america nysepkg opened at 72.98 on monday. packaging corp of america has a 1year low of 57.06 and a 1year high of 75.10. the stocks 50day moving average is 68.34 and its 200day moving average is 67.96. the company has a market cap of 7.091 billion and a pe ratio of 13.82.packaging corp of america nysepkg last issued its quarterly earnings data on monday, october 20th. the company reported 1.26 eps for the quarter, meeting the thomson reuters consensus estimate of 1.26. the company had revenue of 1.52 billion for the quarter, compared to the consensus estimate of 1.50 billion. during the same quarter in the prior year, the company posted 0.91 earnings per share. the companys quarterly revenue was up 79.7 on a yearoveryear basis. on average, analysts predict that packaging corp of america will post 4.66 earnings per share for the current fiscal year.in other packaging corp of america news, vp thomas a. hassfurther unloaded 7,000 shares of packaging corp of america stock in a transaction that occurred on monday, november 10th. the stock was sold at an average price of 72.76, for a total value of 509,320.00. the transaction was disclosed in a legal filing with the securities & exchange commission, which is available at this link.packaging corporation of america is a producer of containerboard in the united states. the companys corrugated products manufacturing plants produce a variety of corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multicolor boxes and displays.to view more credit ratings from morningstar, visit www.jdoqocy.comclick767490910651170.receive news & ratings for packaging corp of america daily enter your email address below to receive a concise daily summary of the latest news and analysts ratings for packaging corp of america and related companies with analyst ratings networks free daily email newsletter.source httpwww.mideasttime.compackagingcorpofamericaearnsbbbcreditratingfrommornin…
