Clearwater Paper Corporation with ticker code (CLW) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 40 and 35 with the average target price sitting at 37.5. Given that the stocks previous close was at 27.36 this would imply there is a potential upside of 37.1%. The day 50 moving average is 28.57 and the 200 day MA is 33.96. The company has a market capitalisation of $453m. Company Website: https://www.clearwaterpaper.com
The potential market cap would be $621m based on the market concensus.
Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment offers folding cartons, liquid packaging, cups and plates, blister and carded packaging products, top sheet and commercial printing items, and softwood pulp products, as well as custom sheeting, slitting, and cutting of paperboard products. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers. The Consumer Products segment provides a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home tissues. This segment sells its products to retailers and wholesale distributors, including grocery, club, mass merchants, and discount stores. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.
