KP Tissue Inc Expected to Earn FY2016 Earnings of $0.76 Per Share (KPT)
KP Tissue Inc (TSE:KPT) – Stock analysts at Desjardins boosted their FY2016 earnings per share (EPS) estimates for shares of KP Tissue in a note issued to investors on Monday. Desjardins analyst K. Howlett now forecasts that the brokerage will earn $0.76 per share for the year, up from their previous forecast of $0.66. Desjardins currently has a “Buy” rating and a $15.00 target price on the stock.
Other equities analysts also recently issued research reports about the stock. TD Securities reiterated a “buy” rating and issued a C$15.00 price target on shares of KP Tissue in a report on Thursday, August 11th. Scotiabank raised shares of KP Tissue from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$14.00 to C$16.50 in a research note on Thursday, August 11th. CIBC raised their price objective on shares of KP Tissue from C$16.00 to C$18.00 in a research note on Friday, November 4th. Finally, Royal Bank Of Canada raised their price objective on shares of KP Tissue from C$13.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Friday, November 4th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of C$15.75.
KP Tissue (TSE:KPT) opened at 14.37 on Wednesday. The company’s market cap is $130.06 million. The company has a 50-day moving average of $14.18 and a 200 day moving average of $13.29. KP Tissue has a 52 week low of $9.70 and a 52 week high of $14.55.
About KP Tissue
KP Tissue Inc is created to acquire, and its business is limited to holding, a limited partnership interest in Kruger Products L.P. (KPLP). KPLP is a tissue products supplier, which produces, distributes, markets and sells bathroom tissue, facial tissue, paper towels and napkins, for both the Consumer and the Away-From-Home (AFH) markets.
Receive News & Stock Ratings for KP Tissue Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KP Tissue Inc and related stocks with our FREE daily email newsletter.