Wells Fargo Maintains Equal-Weight on Packaging Corp of America, Lowers Price Target to $145
Wells Fargo analyst Gabe Hajde maintains Packaging Corp of America (NYSE:PKG) with a Equal-Weight and lowers the price target from $155 to $145.
Packaging Corp of America Q2 Adj. EPS $2.17 Beats $1.77 Estimate, Sales $1.88B Beat $1.77B Estimate
Packaging Corp of America (NYSE:PKG) reported quarterly earnings of $2.17 per share which beat the analyst consensus estimate of $1.77 by 22.6 percent. This is a 57.25 percent increase over earnings of $1.38 per share
Earnings Scheduled For July 26, 2021
Companies Reporting Before The Bell
• Otis Worldwide (NYSE:OTIS) is estimated to report quarterly earnings at $0.71 per share on revenue of $3.45 billion.
Wells Fargo Maintains Equal-Weight on Packaging Corp of America, Raises Price Target to $155
Wells Fargo analyst Gabe Hajde maintains Packaging Corp of America (NYSE:PKG) with a Equal-Weight and raises the price target from $145 to $155.
Ex-Dividend Date Insight: Packaging Corp of America
Packaging Corp of America (NYSE:PKG) declared a dividend payable on July 15, 2021 to its shareholders as of May 5, 2021. It was also announced that shareholders of Packaging Corp of America's stock as of June 15, 2021 are entitled to the dividend.