Packaging (PKG) Gets a Hold from Wells Fargo
In a report released today, Gabrial Hajde from Wells Fargo reiterated a Hold rating on Packaging, with a price target of $246.00.
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Hajde covers the Consumer Cyclical sector, focusing on stocks such as Packaging, Ball, and International Paper Co. According to TipRanks, Hajde has an average return of 2.4% and a 56.63% success rate on recommended stocks.
In addition to Wells Fargo, Packaging also received a Hold from Citi’s Anthony Pettinari in a report issued on July 9. However, yesterday, Bank of America Securities maintained a Buy rating on Packaging (NYSE: PKG).
Based on Packaging’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.37 billion and a net profit of $170.9 million. In comparison, last year the company earned a revenue of $2.14 billion and had a net profit of $203.8 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 May 2026, Mark Kowlzan, the Chairman & CEO of PKG sold 9,266.00 shares for a total of $2,011,370.62.
Read More on PKG:
Disclaimer & DisclosureReport an Issue
- Packaging Corp’s Call Balances Growth With Cost Pressures
- Packaging Corp. reports Q2 EPS ex-items $2.35, consensus $2.31
- Packaging Corp. sees Q3 EPS ex-items $2.91, consensus $2.94
- PKG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Packaging Corp. price target raised to $270 from $258 at Truist
