KeyBanc Keeps a Hold Rating on Clearwater Paper (CLW)

In a report released yesterday, Adam Josephson from KeyBanc maintained a Hold rating on Clearwater Paper (CLWResearch Report). The company’s shares closed last Wednesday at $33.15.

According to TipRanks.com, Josephson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.0% and a 46.9% success rate. Josephson covers the Basic Materials sector, focusing on stocks such as International Paper Co, Berry Global Group, and Graphic Packaging.

Clearwater Paper has an analyst consensus of Hold, with a price target consensus of $41.00.

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The company has a one-year high of $45.81 and a one-year low of $22.77. Currently, Clearwater Paper has an average volume of 158.6K.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CLW in relation to earlier this year.

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Clearwater Paper Corp. engages in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. It operates through Consumer Products; and Pulp and Paperboard segments. The Consumer Products segment manufactures and sells a complete line of at-home tissue products, or retail products, and away-from-home tissue products, or non-retail products, and parent rolls. The Pulp and Paperboard segment produce and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry as well as offers custom sheeting, slitting, and cutting of paperboard. The company was founded on December 9, 2008 and is headquartered in Spokane, WA.