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Shares of KapStone Paper and Packaging Corp. (NYSE:KS) have received a consensus rating of “Hold” from the eight brokerages that are presently covering the company, AmericanBankingNews.com reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $44.78.

Shares of KapStone Paper and Packaging Corp. (NYSE:KS) opened at 31.75 on Friday. KapStone Paper and Packaging Corp. has a 52 week low of $20.39 and a 52 week high of $34.43. The stock has a 50-day moving average of $30.98 and a 200-day moving average of $29.16. The company has a market cap of $3.046 billion and a price-to-earnings ratio of 17.25.

KapStone Paper and Packaging Corp. (NYSE:KS) last announced its earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.02. The company had revenue of $590.00 million for the quarter, compared to the consensus estimate of $574.30 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 81.0% on a year-over-year basis. On average, analysts predict that KapStone Paper and Packaging Corp. will post $2.21 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Vertical Research downgraded shares of KapStone Paper and Packaging Corp. to a “hold” rating in a research note on Thursday, July 31st. 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.

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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