International Paper (IP) Stock Still Looks Below Fair Value Following A 23% Fall

International Paper has seen its share price fall over the past year, even after a recent rebound, while management explores major changes to its European packaging operations. That mix of price swings and portfolio reshaping puts a simple question on the table for investors who follow International Paper: whether the current market value is supported by its sales. The share price is down 23.3% over the past 12 months, which raises the issue of whether the business performance implied by...