Worldwide Paper Firm – Consensus Signifies Potential -10.2% Draw back

Worldwide Paper Firm with ticker code (IP) now have 11 analysts in whole masking the inventory. The consensus ranking is ‘Maintain’. The vary between the excessive goal value and low goal value is between 50 and 25 with a imply TP of 33.77. Now with the earlier closing value of 37.62 this now signifies there’s a potential draw back of -10.2%. The 50 day shifting common now sits at 35.57 whereas the 200 day shifting common is 40.62. The corporate has a market cap of $13,473m. Discover out extra data at:

The potential market cap could be $12,094m primarily based available on the market concensus.

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Worldwide Paper Firm operates as a packaging firm primarily in United States, the Center East, Europe, Africa, Pacific Rim, Asia, and remainder of the Americas. It operates via two segments: Industrial Packaging and World Cellulose Fibers. The Industrial Packaging phase manufactures containerboards, together with linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The World Cellulose Fibers phase gives fluff, market, and specialty pulps which might be utilized in absorbent hygiene merchandise, resembling child diapers, female care, grownup incontinence, and different non-woven merchandise; tissue and paper merchandise; and non-absorbent finish functions, together with textiles, filtration, building materials, paints and coatings, strengthened plastics, and different functions. It sells its merchandise immediately to finish customers and converters, in addition to via brokers, resellers, and paper distributors. The corporate was based in 1898 and is headquartered in Memphis, Tennessee.

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