RBC Capital Initiates KapStone Paper and Packaging With Outperform

Analysts at RBC Capital initiated coverage on

with a Outperform rating. The target price for KapStone Paper and Packaging is set to $36. KapStone Paper and Packaging shares have jumped 15.36% over the past 52 weeks, while the S&P 500 index has gained 15.17% in the same period. KapStone Paper and Packaging's shares fell 1.97% to close at $30.87 on Friday.