Truist Financial Maintains Buy Rating for Packaging with $238 Target

Truist Financial analyst Michael Roxland reiterated a Buy rating on Packaging (PKG) with a price target of $238.00. Roxland is a 3-star analyst with a 46.49% success rate. In addition to Truist Financial, Packaging also received a Buy from Argus Research’s Alexandra Yates. PKG market cap is currently $17.69B and has a P/E ratio of 19.62.

Truist Financial analyst Michael Roxland reiterated a Buy rating on Packaging Corporation of America (PKG) with a new price target of $238.00. This follows the company's strong earnings report and continued investor interest in the packaging industry. The stock currently trades at $225.00, providing a potential upside of 6.2% based on the new target price.

The company reported earnings of $2.48 per share for the last quarter, exceeding estimates and showing a 4.7% year-over-year increase in revenues to $2.17 billion. Packaging Corporation of America has a market capitalization of $17.69 billion and a P/E ratio of 19.62. The company's stock has seen increased institutional ownership, with hedge funds and investment groups boosting their stakes in recent quarters [3].

Roxland's Buy rating is supported by Argus Research's Alexandra Yates, who also maintains a Buy rating with a price target of $240.00. This positive outlook is driven by the company's strong financial performance and the growing demand for packaging solutions, particularly in the e-commerce sector.

Packaging Corporation of America's stock has been the subject of several analyst reports recently. In addition to Truist Financial and Argus Research, other analysts have provided varied outlooks on the stock, with an average target price of $215.40 and a mix of hold, buy, and strong buy ratings [3].

Investors should closely monitor Packaging Corporation of America's earnings reports and any developments in the packaging industry to assess the potential impact on the company's stock price. With a market cap of $17.69 billion and a P/E ratio of 19.62, the stock offers a blend of growth potential and valuation, making it an attractive option for investors seeking exposure to the packaging sector.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-ccm-investment-group-llc-takes-position-in-packaging-corporation-of-america-nysepkg-2025-08-11/
[2] https://seekingalpha.com/news/4484094-uranium-energy-rips-higher-as-goldman-starts-with-buy-rating
[3] https://www.marketbeat.com/instant-alerts/main-street-capital-nysemain-stock-price-expected-to-rise-truist-financial-analyst-says-2025-08-11/