packaging corp of america nysepkg had its price target lowered by bank of america from 84.00 to 82.00 in a research note issued to investors on tuesday. the firm currently has a buy rating on the stock.packaging corp of america nysepkg opened at 76.21 on tuesday. packaging corp of america has a one year low of 57.06 and a one year high of 78.50. the stock has a 50day moving average of 73.07 and a 200day moving average of 68.70. the company has a market cap of 7.405 billion and a pricetoearnings ratio of 14.51.packaging corp of america nysepkg last posted its quarterly earnings results on monday, october 20th. the company reported 1.26 earnings per share eps for the quarter, meeting the 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 previous year, the company posted 0.91 earnings per share. the company&rsquos revenue for the quarter 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.the company also recently announced a quarterly dividend, which is scheduled for thursday, january 15th. stockholders 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 2.10. the exdividend date is wednesday, december 17th.several other analysts have also recently commented on the stock. analysts at da davidson downgraded shares of packaging corp of america from a buy rating to a neutral rating in a research note on tuesday. they now have a 83.00 price target on the stock. they noted that the move was a valuation call. separately, analysts at citigroup inc. reiterated a buy 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. finally, 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 hold rating on the stock. three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company&rsquos stock. the stock presently has a consensus rating of buy and a consensus price target of 76.38.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. 
