Truist Financial Keeps Their Buy Rating on Packaging (PKG)
Truist Financial analyst Michael Roxland reiterated a Buy rating on Packaging today and set a price target of $267.00.
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Roxland covers the Consumer Cyclical sector, focusing on stocks such as Packaging, Graphic Packaging, and International Paper Co. According to TipRanks, Roxland has an average return of 4.5% and a 57.00% success rate on recommended stocks.
In addition to Truist Financial, Packaging also received a Buy from Bank of America Securities’s George Staphos in a report issued on April 15. However, on April 13, Citi maintained a Hold rating on Packaging (NYSE: PKG).
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 51 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.
Read More on PKG:
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- PKG Earnings this Week: How Will it Perform?
- Packaging Corp. price target lowered to $267 from $270 at Truist
- Packaging Corp. price target lowered to $217 from $227 at Citi
- Packaging Corp. price target lowered to $225 from $235 at UBS
- Packaging Corp. price target lowered to $226 from $234 at Wells Fargo
