KP Tissue (TSE:KPT - Get Free Report) had its target price dropped by Desjardins from C$10.00 to C$8.50 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has a "hold" rating on the stock. Desjardins' target price suggests a potential upside of 5.99% from the company's previous close.
Separately, CIBC cut their price objective on shares of KP Tissue from C$9.00 to C$8.50 in a report on Wednesday, January 15th.
Check Out Our Latest Stock Report on KPT
KP Tissue Stock Performance
KPT stock traded down C$0.08 during midday trading on Thursday, reaching C$8.02. 26,068 shares of the company were exchanged, compared to its average volume of 15,648. KP Tissue has a 1-year low of C$7.66 and a 1-year high of C$9.05. The stock's 50-day simple moving average is C$8.03 and its 200 day simple moving average is C$8.21. The company has a market cap of C$80.15 million, a price-to-earnings ratio of 12.56, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37.
Insider Activity
In other news, Director Mario Gosselin sold 18,000 shares of KP Tissue stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$8.19, for a total value of C$147,420.00. Corporate insiders own 0.14% of the company's stock.
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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