Deutsche Bank AG upgraded KapStone Paper and Packaging Corp. (NYSE:KS) to Buy in a report released today.
- Updated: September 24, 2016
Having a price of $19.28, KapStone Paper and Packaging Corp. (NYSE:KS) traded 3.44% higher on the day. With the last stock price up 33.28% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. KS has recorded a 50-day moving average of $16.99 and a 200-day moving average of $14.91. 1,830,789 shares of KS traded hands, up from an avg. volume of 1,395,830
Deutsche Bank AG has upgraded KapStone Paper and Packaging Corp. (NYSE:KS) to Buy in a statement released on 09/23/2016.
With a total market value of $0, KapStone Paper and Packaging Corp. has 52 week low of $8.95 and a 52 week high of $24.91 with a P/E ratio of 23.38 .
Also covering KapStone Paper and Packaging Corp.'s target, a total of 9 equity analysts have released a ratings update on KS. The one year target is $16.50 with three equity analysts rating the company a strong buy, three equity analysts rating the company a buy, 3 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About KapStone Paper and Packaging Corp. (NYSE:KS)
KapStone Paper and Packaging Corporation is engaged in the production of containerboard, corrugated products and specialty paper. The Company operates through two segments: Paper and Packaging, and Distribution. The Company operates approximately four paper mills. It produces approximately 2.7 million tons of containerboard and specialty paper at its mills in North Charleston, South Carolina; Roanoke Rapids, North Carolina; Cowpens, South Carolina, and Longview, Washington. The Company's Paper and Packaging segment manufactures and sells a range of container boards, corrugated products and specialty paper for industrial and consumer markets. The Distribution segment, which operates under the Victory and Golden State Container trade names, provides its customers with packaging solutions and services, and distributes corrugated packaging materials, as well as other specialty packaging materials, such as plastics, wood, void fill, tapes and stretch wraps.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.