KP Tissue (TSE:KPT) PT Lowered to C$8.50 at TD Securities

KP Tissue (TSE:KPTGet Free Report) had its target price lowered by stock analysts at TD Securities from C$9.00 to C$8.50 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price indicates a potential upside of 2.78% from the stock’s previous close.

KPT has been the topic of several other reports. CIBC cut their price objective on shares of KP Tissue from C$10.00 to C$9.00 in a research report on Monday, March 11th. National Bankshares cut their price objective on shares of KP Tissue from C$9.50 to C$9.00 in a research report on Friday, March 8th. Finally, Desjardins cut their price objective on shares of KP Tissue from C$11.00 to C$10.00 and set a “hold” rating on the stock in a research report on Wednesday.

Read Our Latest Stock Report on KPT

KP Tissue Price Performance

TSE:KPT traded up C$0.07 during mid-day trading on Wednesday, hitting C$8.27. 22,613 shares of the company’s stock were exchanged, compared to its average volume of 18,222. The company has a market cap of C$82.37 million, a PE ratio of -16.60, a P/E/G ratio of -0.88 and a beta of 0.40. KP Tissue has a one year low of C$8.11 and a one year high of C$10.84. The business has a fifty day moving average price of C$8.53 and a 200 day moving average price of C$8.84.

KP Tissue (TSE:KPTGet Free Report) last issued its quarterly earnings results on Thursday, March 7th. The company reported C$0.20 EPS for the quarter, missing analysts’ consensus estimates of C$0.21 by C($0.01). The firm had revenue of C$482.27 million during the quarter, compared to analysts’ expectations of C$498.00 million. On average, equities analysts forecast that KP Tissue will post 0.2500755 EPS for the current fiscal year.

About KP Tissue

(Get Free Report)

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.

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