KP Tissue (TSE:KPT - Free Report) had its target price lowered by CIBC from C$9.00 to C$8.50 in a research note released on Wednesday,BayStreet.CA reports.
KP Tissue Stock Performance
KPT traded down C$0.02 during trading on Wednesday, reaching C$8.03. The company's stock had a trading volume of 16,543 shares, compared to its average volume of 14,129. The company's fifty day moving average price is C$8.21 and its 200-day moving average price is C$8.35. KP Tissue has a 52-week low of C$7.98 and a 52-week high of C$9.05. The company has a market capitalization of C$80.06 million, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37.
Insiders Place Their Bets
In related news, Director Mario Gosselin sold 18,000 shares of the business's stock in a transaction dated 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 currently owned by company insiders.
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.
Read More
Before you consider KP Tissue, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KP Tissue wasn't on the list.
While KP Tissue currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
