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Barchart
Barchart
Sohini Mondal

Do Wall Street Analysts Like Packaging Corporation Stock?

PKG Packaging Corporation of America

With a market cap of $17.2 billion, Packaging Corporation of America (PKG) is the third-largest producer of containerboard and uncoated freesheet paper. The company operates through its Packaging and Paper segments, supplying a wide range of corrugated packaging and paper products across North America.

Shares of the Lake Forest, Illinois-based company have underperformed the broader market over the past 52 weeks. PKG stock has fallen 21.5% over this time frame, while the broader S&P 500 Index ($SPX) has increased 10.5%. Moreover, shares of the company have declined 14.9% on a YTD basis, compared to SPX's 11.2% return.

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