This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
International Paper Co. (IP)
by Zacks Equity ResearchOctober 17, 2012 | Comments : 0 Recommended this article: (0)
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at email@example.com or call 800-767-3771 ext. 9339.
International Paper has hiked its quarterly dividend by 14% to $1.20. We expect International Paper to continue to utilize its sound cash flow by investing in capital projects, acquisitions, reducing its total debt and paying increased dividend.
We have upgraded our recommendation from Neutral to Outperform on the successful implementation of an increase in containerboard prices and the accretive effect it will have on the earnings of the company with a target price of $45.00. This target price, 17.6x our 2012 EPS estimate, reflects our view.
Please login to Zacks.com or register to post a comment.