In a report released today, Adam Josephson from KeyBanc maintained a Hold rating on Clearwater Paper (CLW – Research Report). The company’s shares opened today at $35.88.
According to TipRanks, Josephson is an analyst with an average return of -5.1% and a 48.65% success rate. Josephson covers the Basic Materials sector, focusing on stocks such as Avery Dennison, Clearwater Paper, and Greif Class A.
Currently, the analyst consensus on Clearwater Paper is a Moderate Buy with an average price target of $46.00, which is a 28.21% upside from current levels. In a report released on January 9, RBC Capital also maintained a Hold rating on the stock with a $40.00 price target.
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CLW market cap is currently $591.9M and has a P/E ratio of 9.92.
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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.
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