TD Securities Cuts KP Tissue (TSE:KPT) Price Target to C$8.00

KP Tissue (TSE:KPT) had its price objective dropped by stock analysts at TD Securities from C$8.50 to C$8.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock.

Other equities analysts also recently issued research reports about the company. Desjardins decreased their target price on KP Tissue from C$10.00 to C$8.50 and set a “hold” rating on the stock in a research report on Thursday, March 6th. CIBC lowered their price target on shares of KP Tissue from C$9.00 to C$8.50 in a research report on Wednesday, January 15th.

KP Tissue Stock Down 0.1 %

KPT traded down C$0.01 during trading hours on Thursday, reaching C$8.00. 5,425 shares of the company’s stock traded hands, compared to its average volume of 14,384. The firm has a 50-day moving average price of C$7.94 and a 200 day moving average price of C$8.11. The firm has a market capitalization of C$79.95 million, a PE ratio of 12.53, a PEG ratio of -0.88 and a beta of 0.37. KP Tissue has a 52-week low of C$7.54 and a 52-week high of C$8.88.

KP Tissue Company Profile

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.