Citi raises Packaging Corp of America PT on better earnings potential

Packaging of America

06/10/2025 14:00

** Citi lifts Packaging Corp of America PKG.N PT to $218 from $214, maintains rating at "neutral"

** New PT shows an upside of 1.6% from the stocks last close

** Citi sees modest improvements in PKG's earnings visibility and margin outlook, likely driven by stronger pricing and disciplined cost management

** Adds compared to peers, co viewed as having strong fundamentals, including a healthy balance sheet and a 23-year track record of consistent dividend payments

     **  Five of twelve brokerages rate the stock "buy" or higher, six "hold" and one "sell" ; their median PT is $214- data compiled by LSEG

** Stock down 4.7% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))