equities research analysts at jefferies group boosted their price target on shares of packaging corp of america nysepkg from 81.00 to 89.00 in a research note issued to investors on thursday. the firm currently has a &ldquobuy&rdquo rating on the stock. jefferies group&rsquos target price points to a potential upside of 15.92 from the stock&rsquos previous close.packaging corp of america nysepkg traded up 2.09 on thursday, hitting 78.388. the stock had a trading volume of 173,145 shares. packaging corp of america has a 52 week low of 57.06 and a 52 week high of 80.14. the stock&rsquos 50day moving average is 76.68 and its 200day moving average is 69.72. the company has a market cap of 7.617 billion and a pe ratio of 14.56.packaging corp of america nysepkg last issued its quarterly earnings data on monday, october 20th. the company reported 1.26 earnings per share for the quarter, meeting the analysts&rsquo consensus estimate of 1.26. the company had revenue of 1.52 billion for the quarter, compared to the consensus estimate of 1.50 billion. during the same quarter last year, the company posted 0.91 earnings per share. packaging corp of america&rsquos revenue was up 79.7 compared to the same quarter last year. on average, analysts predict that packaging corp of america will post 4.66 earnings per share for the current fiscal year.the company also recently announced a quarterly dividend, which is scheduled for thursday, january 15th. investors of record on friday, december 19th will be paid a dividend of 0.40 per share. this represents a 1.60 annualized dividend and a dividend yield of 2.08. the exdividend date is wednesday, december 17th.other equities research analysts have also recently issued reports about the stock. analysts at bank of america cut their price target on shares of packaging corp of america from 84.00 to 82.00 in a research note on tuesday, december 9th. they now have a &ldquobuy&rdquo rating on the stock. separately, analysts at da davidson downgraded shares of packaging corp of america from a &ldquobuy&rdquo rating to a &ldquoneutral&rdquo rating in a research note on tuesday, december 9th. they now have a 83.00 price target on the stock. they noted that the move was a valuation call. finally, analysts at citigroup inc. reiterated a &ldquobuy&rdquo rating on shares of packaging corp of america in a research note on tuesday, october 28th. they now have a 80.00 price target on the stock, up previously from 71.00. three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company&rsquos stock. packaging corp of america has an average rating of &ldquobuy&rdquo and an average target price of 77.78.packaging corporation of america is a producer of containerboard in the united states. the company&rsquos corrugated products manufacturing plants produce a variety of corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multicolor boxes and displays.receive news & ratings for packaging corp of america daily enter your email address below to receive a concise daily summary of the latest news and analysts&39 ratings for packaging corp of america and related companies with analyst ratings network&39s free daily email newsletter. 
