• Truist Financial sets a price target of $270 for Packaging Corp of America (NYSE:PKG), indicating a potential increase of about 22.72%.
• PKG reported a significant increase in fourth-quarter net sales to $2.4 billion in 2025, up from $2.1 billion in 2024.
• Despite a decrease in fourth-quarter earnings per share by $0.15, PKG is expected to enhance its cost structure following the completion of Wallula restructuring activities.

On January 29, 2026, Truist Financial set a price target of $270 for Packaging Corp of America (NYSE:PKG). At the time, PKG's stock was priced at $220.02, suggesting a potential increase of about 22.72% to reach the target. PKG is a leading player in the packaging industry, known for its robust operational performance and strategic growth initiatives.

PKG reported a significant increase in fourth-quarter net sales, reaching $2.4 billion in 2025, up from $2.1 billion in 2024. This growth is largely due to the successful integration and improvement of the acquired Greif assets. These assets have shown enhanced reliability and performance, contributing to PKG's strong operational performance across its mill and corrugated systems.

Despite these positive developments, PKG's fourth-quarter earnings per share decreased by $0.15. However, the company is on track to complete the Wallula restructuring activities by mid-February. This restructuring is expected to enhance PKG's cost structure starting in March, aligning with the company's strategic focus on operational efficiency and growth.

PKG's stock is currently priced at $220.55, reflecting an increase of approximately 1.35% or $2.94. Throughout the day, the stock has fluctuated between a low of $218.10 and a high of $223.05. Over the past year, PKG has reached a high of $231.12 and a low of $172.72, indicating a volatile trading range.

With a market capitalization of approximately $19.84 billion and a trading volume of 373,625 shares, PKG remains a significant player in the packaging industry. The company's strategic initiatives and operational improvements position it well for future growth, as highlighted by Truist Financial's optimistic price target.