Deutsche Bank initiates coverage on U.S. packaging firms

International Paper Co

01/04/2026 15:03

** Deutsche Bank initiates coverage on nine U.S. packaging firms including Avery Dennison AVY.N, Packaging Corp of America PKG.N, International Paper IP.N and Ball Corp BALL.N

** Brokerage says the U.S. packaging sector is navigating a complex and evolving economic landscape in early 2026

** Adds that soft consumer demand and cost inflation are now being compounded by a high oil price environment and significant tariff-related pressures, creating a challenging backdrop for the industry

** Brokerage notes in the current macroeconomic environment, it favor companies with diversified portfolios that can capitalize on both the resilience of essential goods and sustained spending from higher-end consumers

Brokerage
Price Target
Rating
Amcor
$50
Buy
Avery Dennison
$200
Buy
Ball Corp
$72
Buy
Crown Holdings
$124
Buy
Silgan
$52
Buy
Sonoco
$63
Buy
International Paper
$38
Hold
Packaging Corporation of America
$225
Hold
Graphic Packaging
$9.60
Hold

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))