Verso Corporation with ticker code (VRS) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 35 and 23.5 with a mean TP of 29.25. With the stocks previous close at 26.75 this indicates there is a potential upside of 9.3%. The 50 day MA is 25.34 and the 200 day MA is 20.91. The market cap for the company is $777m. Visit the company website at: https://www.versoco.com
The potential market cap would be $850m 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.
