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How Does International Paper Co (IP) Stock Rank on Wall Street Wednesday?

Wednesday, November 29, 2023 01:54 PM | InvestorsObserver Analysts

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How Does International Paper Co (IP) Stock Rank on Wall Street Wednesday?

InvestorsObserver is giving International Paper Co (IP) an Analyst Rating Rank of 18, meaning IP is ranked higher by analysts than 18% of stocks. The average price target for IP is $34.142 and analyst’s rate the stock as a Buy.

Overall Score - 3.4
Wall Street analysts are rating IP a Buy today. Find out what this means to you and get the rest of the rankings on IP!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With International Paper Co Stock Today?

International Paper Co (IP) stock is trading at $35.89 as of 1:47 PM on Wednesday, Nov 29, a gain of $1.63, or 4.76% from the previous closing price of $34.26. The stock has traded between $34.38 and $35.89 so far today. Volume today is light. So far 2,299,712 shares have traded compared to average volume of 3,255,516 shares. Click Here to get the full Stock Report for International Paper Co stock.

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