Verso (VRS) Receives a Hold from B.Riley FBR

By Austin Angelo

B.Riley FBR analyst Jeff Van Sinderen maintained a Hold rating on Verso (VRSResearch Report) today and set a price target of $16.00. The company’s shares closed last Monday at $14.85.

According to TipRanks.com, Sinderen is a 1-star analyst with an average return of -1.8% and a 45.5% success rate. Sinderen covers the Consumer Goods sector, focusing on stocks such as Universal Electronics, Celsius Holdings, and Chromadex.

Verso has an analyst consensus of Hold, with a price target consensus of $16.00.

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The company has a one-year high of $27.54 and a one-year low of $9.61. Currently, Verso has an average volume of 301K.

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Verso Corp. engages in the production and supply of coated paper and products. The firm operates through the Paper and Pulp business segments. It offers paper products ranging from web, coated, digital, specialty and book, and uncoated. The company was founded on August 1, 2006 and is headquartered in Miamisburg, OH.