KP Tissue Inc (KPT) Upgraded to Outperform by RBC Capital Markets
RBC Capital Markets upgraded shares of KP Tissue Inc (TSE:KPT) from a sector perform rating to an outperform rating in a research note published on Monday morning. They currently have C$17.00 target price on the stock, up from their previous target price of C$15.00.
KPT has been the subject of several other research reports. Desjardins upgraded shares of KP Tissue from a hold rating to a buy rating and raised their target price for the stock from C$13.50 to C$15.00 in a report on Thursday, August 11th. Scotiabank upgraded shares of KP Tissue from a sector perform rating to an outperform rating and raised their target price for the stock from C$14.00 to C$16.50 in a report on Thursday, August 11th. TD Securities restated a buy rating and issued a C$15.00 target price on shares of KP Tissue in a report on Thursday, August 11th. CIBC raised their target price on shares of KP Tissue from C$15.00 to C$16.00 in a report on Friday, August 12th. Finally, Royal Bank Of Canada raised their target price on shares of KP Tissue from C$13.00 to C$15.00 and gave the stock a sector perform rating in a report on Friday, November 4th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$16.21.
KP Tissue (TSE:KPT) opened at 14.80 on Monday. KP Tissue has a 52-week low of $9.70 and a 52-week high of $14.84. The firm has a 50 day moving average of $14.24 and a 200-day moving average of $13.41. The stock’s market cap is $134.55 million.
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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.
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