Verso Corporation found using ticker (VRS) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 35 and 23.5 with a mean TP of 29.25. Now with the previous closing price of 26.83 this would indicate that there is a potential upside of 9.0%. The 50 day moving average now sits at 24.01 while the 200 day moving average is 19.86. The market cap for the company is $779m. Company Website: https://www.versoco.com
The potential market cap would be $849m based on the market concensus.
Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated freesheet and coated groundwood, specialty, packaging, inkjet and digital, supercalendered, and uncoated freesheet papers; and bleached and unbleached market kraft pulp to manufacture printing, writing, and tissue products. Its paper products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as high-end advertising brochures, annual reports, and direct-mail advertising; and specialty applications comprising flexible packaging, and label and converting. The company was formerly known as Verso Paper Corp. and changed its name to Verso Corporation in January 2015. Verso Corporation was founded in 2006 and is headquartered in Miamisburg, Ohio.
