Macquarie Downgrades Intl Paper Co. to Sell

In a report released today, Daniel Moran from Macquarie downgraded Intl Paper Co. (NYSE: IP) to Sell. The company’s shares closed yesterday at $47.20, close to its 52-week high of $49.90.

According to, Moran is ranked #3673 out of 4180 analysts.

Intl Paper Co. has an analyst consensus of Hold, with a price target consensus of $49.

Based on Intl Paper Co.’s latest earnings report from December 31, the company posted quarterly revenue of $5.44B and quarterly net profit of $178M. In comparison, last year the company earned revenue of $5.69B and had a net profit of $220M.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. Last month, Thomas Kadien, a the SVP of IP sold 10,000 shares for a total of $478,600.

International Paper Co. engages in the manufacturing of paper and packaging products business. It operates through the following segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment engages in the manufacturing of containerboards, which include linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. The Printing Papers segment engages in the manufacturing of printing and writing papers. It operates in two lines of business Uncoated and Coated papers and Market pulp and Uncoated Bristols. The Consumer Packaging segment manufactures solid bleached sulfate board. Its coated paperboard business produces coated paperboard for a variety of packaging and commercial printing end uses. The company was founded by Hugh J. Chisholm in 1898 and is headquartered in Memphis, TN.