Packaging Corp of America (PKG) Stock AnalysisPKGPackaging Corp of America

Packaging Corporation of America is a producer of containerboard products and a producer of uncoated freesheet (UFS) paper in North America. The Company operates approximately 10 mills and 91 corrugated products manufacturing plants. Its segments include Packaging, Paper and Corporate and Other. Its containerboard mills produce linerboard and corrugating medium, which are papers primarily used in the production of corrugated products. Its corrugated products manufacturing plants produce a variety of corrugated packaging products. In addition, it also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. It manufactures and sells UFS papers, including both commodity and specialty papers, which may have custom or specialized features, such as colors, coatings, high brightness, and recycled content. Its papers consist of communication papers, including cut-size office papers and printing and converting papers. It operates in the Basic Materials sector (PAPERBOARD CONTAINERS & BOXES industry).

Packaging Corporation of America (PKG) is a good buy right now due to its current price of $236, which is below the analyst price targets ranging from $245 to $320. The company has shown a strong year-to-date change of +11.78% and a solid gross margin of 20.58% in Q2 2026, indicating good profitability. However, a key risk is the RSI at 68.024, suggesting the stock may be nearing overbought territory.

16 analysts cover PKG: 5 rate it Buy, 11 Hold and 0 Sell. The average price target is 242.86.