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KapStone Paper and Packaging Corp. (NYSE:KS)’s share price hit a new 52-week high during trading on Monday , Analyst Ratings Network reports. The company traded as high as $34.43 and last traded at $32.76, with a volume of 1,465,922 shares changing hands. The stock had previously closed at $33.21.

A number of analysts have recently weighed in on KS shares. Analysts at KeyCorp raised their price target on shares of KapStone Paper and Packaging Corp. from $30.00 to $35.00 in a research note on Wednesday, June 11th. They now have a “buy” rating on the stock. Separately, analysts at Barclays cut their price target on shares of KapStone Paper and Packaging Corp. from $35.00 to $34.00 in a research note on Monday, May 5th. Finally, analysts at Zacks downgraded shares of KapStone Paper and Packaging Corp. from an “outperform” rating to a “neutral” rating in a research note on Friday, May 2nd. They now have a $29.70 price target on the stock. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. KapStone Paper and Packaging Corp. has a consensus rating of “Buy” and a consensus price target of $44.78.

The stock’s 50-day moving average is $28.91 and its 200-day moving average is $28.. The company has a market cap of $3.170 billion and a P/E ratio of 22.76.

KapStone Paper and Packaging Corp. (NYSE:KS) last announced its earnings results on Wednesday, April 30th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.06. The company had revenue of $549.00 million for the quarter, compared to the consensus estimate of $554.13 million. On average, analysts predict that KapStone Paper and Packaging Corp. will post $2.22 earnings per share for the current fiscal year.

KapStone Paper and Packaging Corporation (NYSE:KS) is an integrated manufacture and sale of unbleached kraft paper and corrugated products for industrial and consumer markets.

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