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Truist Financial Remains a Buy on Packaging (PKG)

Tipranks - Tue Apr 28, 6:52AM CDT

Truist Financial analyst Michael Roxland reiterated a Buy rating on Packaging today and set a price target of $258.00.

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Roxland covers the Consumer Cyclical sector, focusing on stocks such as Packaging, International Paper Co, and Graphic Packaging. According to TipRanks, Roxland has an average return of 2.4% and a 50.81% success rate on recommended stocks.

In addition to Truist Financial, Packaging also received a Buy from Wells Fargo’s Gabrial Hajde in a report issued today. 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.

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