Is there a Bearish outlook for International Paper Co (NYSE:IP) this week?



September 24, 2017 – By Vivian Currie

Investors sentiment increased to 1.03 in Q2 2017. Its up 0.10, from 0.93 in 2017Q1. It is positive, as 63 investors sold International Paper Co shares while 228 reduced holdings. 68 funds opened positions while 233 raised stakes. 338.41 million shares or 0.06% less from 338.61 million shares in 2017Q1 were reported.
Employees Retirement Sys Of Ohio owns 181,603 shares. Dekabank Deutsche Girozentrale reported 66,312 shares. Advisor Prtn Ltd Liability Company owns 0.12% invested in International Paper Co (NYSE:IP) for 9,018 shares. United Financial Bank invested in 2.41% or 101,036 shares. 21,452 are owned by First Midwest Bancorporation Tru Division. Dnb Asset Mgmt As holds 0% or 41,097 shares. Clark Capital Management Grp Incorporated reported 215,062 shares. Atria Invs Ltd Limited Liability Company accumulated 0.16% or 46,676 shares. Wells Fargo And Mn accumulated 0.19% or 10.36M shares. Atalanta Sosnoff Cap Lc holds 0.15% in International Paper Co (NYSE:IP) or 74,078 shares. Nelson Van Denburg Campbell Wealth Mgmt Grp Inc Ltd Company holds 24,682 shares. 7,000 are owned by Fortaleza Asset Inc. Atlantic Tru Group Limited Liability Corporation has invested 0.01% in International Paper Co (NYSE:IP). Us Natl Bank De has invested 0.08% of its portfolio in International Paper Co (NYSE:IP). Peapack Gladstone Fin Corp reported 217,444 shares.

International Paper Co (NYSE:IP) Ratings Coverage

Among 15 analysts covering International Paper Company (NYSE:IP), 8 have Buy rating, 2 Sell and 5 Hold. Therefore 53% are positive. International Paper Company had 54 analyst reports since August 4, 2015 according to SRatingsIntel. Bank of America downgraded the shares of IP in report on Tuesday, September 15 to “Hold” rating. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, May 2 report. The rating was maintained by KeyBanc Capital Markets on Thursday, June 29 with “Hold”. As per Tuesday, August 25, the company rating was upgraded by Buckingham Research. Macquarie Research initiated the stock with “Neutral” rating in Tuesday, November 10 report. The firm earned “Hold” rating on Tuesday, May 3 by Jefferies. The stock has “Buy” rating by Citigroup on Thursday, January 26. DA Davidson upgraded the stock to “Buy” rating in Monday, August 14 report. RBC Capital Markets maintained the shares of IP in report on Friday, September 22 with “Buy” rating. The stock has “Neutral” rating by DA Davidson on Friday, February 3. Below is a list of International Paper Co (NYSE:IP) latest ratings and price target changes.

22/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $65.0 Maintain
22/09/2017 Broker: Wells Fargo Rating: Buy Maintain
18/09/2017 Broker: Jefferies Rating: Buy New Target: $66.0 Maintain
18/09/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0 Maintain
20/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $65.0 Maintain
16/08/2017 Broker: Jefferies Rating: Buy New Target: $66.0 Maintain
15/08/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0 Maintain
14/08/2017 Broker: DA Davidson Old Rating: Neutral New Rating: Buy Upgrade
28/07/2017 Broker: Vertical Research Rating: Buy
27/07/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock decreased 2.16% or $1.24 on September 22, reaching $56.05. About 3.46 million shares traded or 84.04% up from the average. International Paper Co (NYSE:IP) has risen 26.95% since September 24, 2016 and is uptrending. It has outperformed by 10.25% the S&P500.

International Paper Company is a paper and packaging firm with primary markets and manufacturing activities in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The company has market cap of $23.14 billion. The Company’s divisions include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging. It has a 28.45 P/E ratio. The Firm is a maker of containerboard in the United States.

More notable recent International Paper Co (NYSE:IP) news were published by: Bizjournals.com which released: “IP investing $300M for conversion at Alabama mill” on September 22, 2017, also Bizjournals.com with their article: “Harvey: How IP’s Texas facilities are faring” published on August 29, 2017, Bizjournals.com published: “Small Business Awards” on August 30, 2017. More interesting news about International Paper Co (NYSE:IP) were released by: Bizjournals.com and their article: “Memphis company to donate $1M and 100K boxes to hurricane relief” published on August 30, 2017 as well as Nasdaq.com‘s news article titled: “International Paper Closes Foodservice Unit Sale in China” with publication date: September 08, 2017.

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