International Paper Company (di) (LON:IPC – Get Free Report) was upgraded by stock analysts at JPMorgan Chase & Co. to an “overweight” rating in a report issued on Tuesday,Digital Look reports. The firm currently has a GBX 4,600 price target on the stock, up from their prior price target of GBX 3,200. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 41.38% from the stock’s current price.
International Paper Company (di) Price Performance
Shares of IPC opened at GBX 3,253.63 on Tuesday. International Paper Company has a 12-month low of GBX 2,095 and a 12-month high of GBX 4,215. The firm has a 50-day moving average price of GBX 2,671.88. The stock has a market capitalization of £17.23 billion and a price-to-earnings ratio of -4.93.
The company’s operations focus on the production and sale of containerboard and corrugated packaging solutions, as well as market cellulose fibers and pulp that serve a range of end markets including consumer goods, e-commerce, food and beverage, and industrial customers.
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