packaging corp of america nysepkg has received a &ldquobbb&rdquo credit rating from analysts at morningstar. the firm&rsquos &ldquobbb&rdquo rating suggests that the company is a moderate default risk. they also gave their stock a three star rating.other equities research analysts have also recently issued reports about the stock. 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. separately, analysts at deutsche bank raised their price target on shares of packaging corp of america from 67.00 to 73.00 in a research note on wednesday, october 22nd. they now have a &ldquohold&rdquo rating on the stock. finally, analysts at dundee securities initiated coverage on shares of packaging corp of america in a research note on monday, october 20th. they set a &ldquobuy&rdquo rating and a 75.00 price target on the stock. two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. the stock presently has an average rating of &ldquobuy&rdquo and a consensus target price of 74.43.shares of packaging corp of america nysepkg opened at 76.59 on thursday. packaging corp of america has a 52 week low of 57.06 and a 52 week high of 76.80. the stock has a 50day moving average of 71.08 and a 200day moving average of 68.35. the company has a market cap of 7.442 billion and a pricetoearnings ratio of 14.52.packaging corp of america nysepkg last posted its quarterly earnings results 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. analysts expect that packaging corp of america will post 4.66 eps for the current fiscal year.in other packaging corp of america news, vp thomas a. hassfurther sold 12,500 shares of the company&rsquos stock in a transaction that occurred on wednesday, november 26th. the stock was sold at an average price of 73.53, for a total value of 919,125.00. the transaction was disclosed in a filing with the securities & exchange commission, which can be accessed through this link.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.to view more credit ratings from morningstar, visit www.jdoqocy.comclick767490910651170.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.