KapStone Paper and Packaging Corporation (KS) Given Average Recommendation of “Hold” by Analysts

Shares of KapStone Paper and Packaging Corporation (NYSE:KS) have been assigned a consensus rating of “Hold” from the fifteen brokerages that are currently covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $26.50.

Several equities research analysts have recently commented on KS shares. Vertical Research upgraded KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating in a research note on Monday, July 3rd. ValuEngine upgraded KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. BidaskClub lowered KapStone Paper and Packaging Corporation from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 24th. Zacks Investment Research upgraded KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Wednesday, July 19th. Finally, BMO Capital Markets restated a “buy” rating and issued a $28.00 price objective on shares of KapStone Paper and Packaging Corporation in a research note on Tuesday, July 18th.

Source:https://ledgergazette.com/2017/09/09/kapstone-paper-and-packaging-corporation-ks-given-average-recommendation-of-hold-by-analysts.html

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