RBC Capital analyst Paul Quinn maintained a Hold rating on International Paper Company (NYSE:IP) on Friday, setting a price target of $48, which is approximately 7.87% below the present share price of $52.1.
Quinn expects International Paper Company to post earnings per share (EPS) of $0.52 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in International Paper Co, with an average price target of $52.75.
The analysts price targets range from a high of $62 to a low of $43.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $5.12 billion and a net profit of $481 million. The company's market cap is $20.48 billion.
According to TipRanks.com, RBC Capital analyst Paul Quinn is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.4% and a 71.63% success rate.
International Paper Co. engages in the manufacture of paper and packaging products. It operates through the following segments: Industrial Packaging (NYSE:PKG), Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment involves in the manufacturing of containerboards, which include linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment offers cellulose fibers product portfolio includes fluff, market, and specialty pulps. The Printing Papers segment includes manufacturing of the printing and writing papers. The company was founded by Hugh J. Chisholm in 1898 and is headquartered in Memphis, TN.