Is Packaging Of America Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NYSE: PKG) stock is to Buy PKG stock.
Out of 4 analysts, 1 (25%) are recommending PKG as a Strong Buy, 0 (0%) are recommending PKG as a Buy, 3 (75%) are recommending PKG as a Hold, 0 (0%) are recommending PKG as a Sell, and 0 (0%) are recommending PKG as a Strong Sell.
What is PKG's forecast return on equity (ROE) for 2023-2024?
(NYSE: PKG) forecast ROE is 28.22%, which is considered strong.
What is PKG's Price Target?
According to 4 Wall Street analysts that have issued a 1 year PKG price target, the average PKG price target is $137.00, with the highest PKG stock price forecast at $150.00 and the lowest PKG stock price forecast at $126.00.
On average, Wall Street analysts predict that Packaging Of America's share price could reach $137.00 by Apr 27, 2024. The average Packaging Of America stock price prediction forecasts a potential upside of 6.96% from the current PKG share price of $128.08.
What is PKG's forecast return on assets (ROA) for 2023-2024?
(NYSE: PKG) forecast ROA is 13.17%, which is higher than the forecast US Packaging & Containers industry average of 7.87%.
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