Analyst Rating Update on KapStone Paper and Packaging Corporation (KS)

KapStone Paper and Packaging Corporation (KS) : Zacks Investment Research ranks KapStone Paper and Packaging Corporation (KS) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 2.33, which indicates as a Buy.

KapStone Paper and Packaging Corporation (KS) stock is expected to deviate a maximum of $4.37 from the average target price of $16.64 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $24 and the most muted being $11.

For the current week, the company shares have a recommendation consensus of Buy.


KapStone Paper and Packaging Corporation (NYSE:KS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.01 and $13.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.68, notching a gain of 4.56% for the day. The total traded volume was 769,439 . The stock had closed at $14.04 on the previous day.

KapStone Paper and Packaging Corporation is engaged in manufacture and sale of containerboard, corrugated products and specialty paper for industrial and consumer markets. Containerboard, consisting of linerboard and corrugated medium, is used to manufacture corrugated containers for packaging products. The Company produces three general categories of kraft paper: Multiwall paper; Specialty products and Lightweight paper. Specialty products are also used to produce shingle wrap, end caps, roll wrap, pet food, cement and chemicals, grocery bags and dunnage bags. The Companys specialty paper products are manufactured for a variety of converters, including laminators, coaters, insulation manufacturers, agricultural product processors and food product packaging producers. As of December 31, 2014, the Company operated 21 corrugated products manufacturing plants. The Company also has multi-color printing capabilities to make graphics boxes and display.

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