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Barchart
Barchart
Kritika Sarmah

What Are Wall Street Analysts' Target Price for International Paper Stock?

International Paper IP

Founded in 1898, the Memphis-headquartered International Paper Company (IP) is a global producer of renewable fiber-based products. With a market cap of $15.8 billion, it manufactures corrugated packaging for goods and pulp for personal care products like diapers and tissue, promoting health and wellness.

Shares of the pulp and paper company have outshined the broader market over the past year. While IP has surged 44.5% over this time frame, the broader S&P 500 Index ($SPX) is up 28.9%. The stock has soared 25.8% in 2024 alone, higher than SPX’s 11.2% return on a YTD basis. 

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