The Paper & Paper Products industry is expected to outperform the S&P broader market modestly this quarter, underperform significantly next quarter, then outperform negligibly in 2015 and significantly beyond. Mean/high targets for the 3 largest U.S. Paper & Paper Products companies - KapStone Paper and Packaging, Clearwater Paper, Schweitzer-Mauduit International - range from 8% to 24% above current prices.