KeyBanc Keeps Their Hold Rating on KapStone Paper

In a report issued on November 15, Adam Josephson from KeyBanc reiterated a Hold rating on KapStone Paper (NYSE: KS). The company’s shares closed on Friday at $20.98.

According to, Josephson is a 4-star analyst with an average return of 6.9% and a 60.4% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Colgate-Palmolive.

KapStone Paper has an analyst consensus of Strong Buy, with a price target consensus of $27.25.

Based on KapStone Paper’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $868 million and quarterly net profit of $30.03 million. In comparison, last year the company earned revenue of $777 million and had a net profit of $31.02 million.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.

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KapStone Paper & Packaging Corp. engages in the manufacturing of paper container and packaging products. It operates through two segments: Paper & Packaging and Distribution. The Paper and Packaging segment includes manufacturing and selling container board, corrugated products, and specialty paper.

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