Bank of America Securities Keeps Their Buy Rating on Packaging (PKG)
Bank of America Securities analyst George Staphos maintained a Buy rating on Packaging yesterday and set a price target of $241.00.
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According to TipRanks, Staphos is a 4-star analyst with an average return of 3.7% and a 48.97% success rate. Staphos covers the Consumer Cyclical sector, focusing on stocks such as Avery Dennison, International Paper Co, and Packaging.
In addition to Bank of America Securities, Packaging also received a Buy from TipRanks – Google’s Google Packaging and Containers in a report issued yesterday. However, on the same day, TipRanks – Anthropic downgraded Packaging (NYSE: PKG) to a Hold.
Based on Packaging’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.36 billion and a net profit of $101.1 million. In comparison, last year the company earned a revenue of $2.15 billion and had a net profit of $221.1 million
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PKG in relation to earlier this year. Most recently, in February 2026, Thomas Hassfurther, the President of PKG sold 12,129.00 shares for a total of $2,795,734.50.
