shares of packaging corp of america nysepkg have been given an average recommendation of &ldquobuy&rdquo by the ten ratings firms that are covering the stock, ar network reports. three research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. the average 1year target price among analysts that have covered the stock in the last year is 76.38.packaging corp of america nysepkg traded up 0.28 during midday trading on friday, hitting 79.54. 163,027 shares of the company&rsquos stock traded hands. packaging corp of america has a 52week low of 57.06 and a 52week high of 79.34. the stock&rsquos 50day moving average is 74.41 and its 200day moving average is 69.06. the company has a market cap of 7.729 billion and a pe ratio of 15.04.packaging corp of america nysepkg last issued its quarterly earnings data on monday, october 20th. the company reported 1.26 earnings per share eps for the quarter, meeting the 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 previous year, the company posted 0.91 earnings per share. the company&rsquos revenue for the quarter 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.the company also recently declared a quarterly dividend, which is scheduled for thursday, january 15th. stockholders of record on friday, december 19th will be given a dividend of 0.40 per share. this represents a 1.60 dividend on an annualized basis and a yield of 2.02. the exdividend date of this dividend is wednesday, december 17th.pkg has been the subject of a number of recent research reports. analysts at bank of america cut their price target on shares of packaging corp of america from 84.00 to 82.00 in a research note on tuesday, december 9th. they now have a &ldquobuy&rdquo rating on the stock. separately, analysts at da davidson downgraded shares of packaging corp of america from a &ldquobuy&rdquo rating to a &ldquoneutral&rdquo rating in a research note on tuesday, december 9th. they now have a 83.00 price target on the stock. they noted that the move was a valuation call. finally, analysts at citigroup inc. reiterated a &ldquobuy&rdquo 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.packaging corporation of america is a producer of containerboard in the united states. the company&rsquos 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.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&39 ratings for packaging corp of america and related companies with analyst ratings network&39s free daily email newsletter. 
