B.Riley FBR Believes Verso Corp (VRS) Won’t Stop Here

B.Riley FBR analyst Jeff Van Sinderen reiterated a Buy rating on Verso Corp (VRS) today and set a price target of $47. The company’s shares opened today at $31.96, close to its 52-week high of $34.60.

According to TipRanks.com, Sinderen is a 1-star analyst with an average return of -0.2% and a 42.9% success rate. Sinderen covers the Services sector, focusing on stocks such as Tuesday Morning, Tilly’s Inc, and Kirkland’s.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Verso Corp with a $43.50 average price target.

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The company has a one-year high of $34.60 and a one-year low of $7. Currently, Verso Corp has an average volume of 469.1K.

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Verso Corp. engages in producing and supplying coated paper and products. It offers papers ranging from web, coated, digital, specialty and book, to supercalendered and uncoated. The company was founded on August 1, 2006 and is headquartered in Miamisburg, OH.