KP Tissue (TSE:KPT) Price Target Cut to C$8.50 by Analysts at CIBC

KP Tissue (TSE:KPT) had its price objective reduced by analysts at CIBC from C$9.00 to C$8.50 in a research note issued to investors on Wednesday,BayStreet.CA reports. CIBC’s price objective indicates a potential upside of 5.59% from the company’s previous close.

KP Tissue Price Performance

Shares of TSE KPT remained flat at C$8.05 during midday trading on Wednesday. The stock had a trading volume of 14,343 shares, compared to its average volume of 13,909. The firm has a market cap of C$80.26 million, a PE ratio of 13.42, a P/E/G ratio of -0.88 and a beta of 0.37. The firm has a 50-day moving average price of C$8.21 and a 200 day moving average price of C$8.35. KP Tissue has a 12-month low of C$7.98 and a 12-month high of C$9.05.

Insider Activity at KP Tissue

In other KP Tissue news, Director Mario Gosselin sold 18,000 shares of KP Tissue stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$8.19, for a total transaction of C$147,420.00. 0.14% of the stock is owned by company insiders.

About KP Tissue

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.