packaging corp of america nysepkg&rsquos share price hit a new 52week high on wednesday , analystratingsnetwork reports. the company traded as high as 76.48 and last traded at 76.47, with a volume of 482,946 shares traded. the stock had previously closed at 74.87.several analysts have recently commented on 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 equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. packaging corp of america has an average rating of &ldquobuy&rdquo and a consensus price target of 74.43.the stock has a 50day moving average of 70.57 and a 200day moving average of 68.29. the company has a market cap of 7.399 billion and a pricetoearnings ratio of 14.19.packaging corp of america nysepkg last posted its quarterly earnings results on monday, october 20th. the company reported 1.26 eps for the quarter, meeting the thomson reuters 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 in the prior year, the company posted 0.91 earnings per share. the company&rsquos quarterly revenue was up 79.7 on a yearoveryear basis. 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 unloaded 12,500 shares of the company&rsquos stock in a transaction dated 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 legal 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.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. 
