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Equities researchers at BMO Capital Markets began coverage on shares of KapStone Paper and Packaging Corp. (NYSE:KS) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating and a $31.00 price target on the stock. BMO Capital Markets’ price target would suggest a potential downside of 4.76% from the stock’s previous close.

A number of other firms have also recently commented on KS. Analysts at Deutsche Bank upgraded shares of KapStone Paper and Packaging Corp. from a “hold” rating to a “buy” rating in a research note on Monday, August 18th. They now have a $36.00 price target on the stock, up previously from $26.00. Separately, analysts at Zacks downgraded shares of KapStone Paper and Packaging Corp. from a “neutral” rating to an “underperform” rating in a research note on Thursday, August 7th. They now have a $29.30 price target on the stock. Finally, analysts at Vertical Research downgraded shares of KapStone Paper and Packaging Corp. to a “hold” rating in a research note on Thursday, July 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $38.22.

Shares of KapStone Paper and Packaging Corp. (NYSE:KS) opened at 32.55 on Thursday. 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 $30.47 and a 200-day moving average of $29.52. The company has a market cap of $3.122 billion and a P/E ratio of 17.75.

KapStone Paper and Packaging Corp. (NYSE:KS) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.44 earnings per share. KapStone Paper and Packaging Corp.’s revenue was up 81.0% compared to the same quarter last year. Analysts expect that KapStone Paper and Packaging Corp. will post $2.18 EPS 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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