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

KP Tissue (TSE:KPT) had its price target cut by TD Securities from C$8.50 to C$8.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock.

A number of other analysts have also recently weighed in on KPT. Desjardins cut their price objective on shares of KP Tissue from C$10.00 to C$8.50 and set a “hold” rating on the stock in a report on Thursday, March 6th. CIBC cut their price target on shares of KP Tissue from C$9.00 to C$8.50 in a research note on Wednesday, January 15th.

KP Tissue Stock Performance

KPT opened at C$8.00 on Thursday. The business’s 50-day simple moving average is C$7.94 and its 200-day simple moving average is C$8.10. The company has a market cap of C$79.95 million, a P/E ratio of 12.53, a PEG ratio of -0.88 and a beta of 0.37. KP Tissue has a one year low of C$7.54 and a one year 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.