RBC Capital analyst Paul Quinn maintained a Buy rating on Clearwater Paper (CLW – Research Report) on October 18 and set a price target of $45.00. The company’s shares closed yesterday at $39.80.
Quinn covers the Basic Materials sector, focusing on stocks such as Cascades, Interfor, and Clearwater Paper. According to TipRanks, Quinn has an average return of 18.6% and a 56.50% success rate on recommended stocks.
Currently, the analyst consensus on Clearwater Paper is a Moderate Buy with an average price target of $46.00.
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The company has a one-year high of $46.48 and a one-year low of $25.07. Currently, Clearwater Paper has an average volume of 118.4K.
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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.
