TD Has Lowered Expectations for KP Tissue (TSE:KPT) Stock Price

KP Tissue (TSE:KPT – Get Free Report) had its price target decreased by analysts at TD from C$14.00 to C$13.00 in a research note issued to investors on Wednesday, BayStreet reports. The brokerage presently has a “hold” rating on the stock. TD’s price target points to a potential upside of 11.97% from the company’s current price.

KP Tissue Price Performance

Shares of KPT traded down C$0.09 during trading hours on Wednesday, hitting C$11.61. 33,058 shares of the company were exchanged, compared to its average volume of 15,450. The firm has a fifty day simple moving average of C$12.57 and a 200-day simple moving average of C$12.34. The company has a market capitalization of C$116.47 million, a PE ratio of 13.19, a PEG ratio of -0.88 and a beta of 0.54. KP Tissue has a one year low of C$9.21 and a one year high of C$13.78.

KP Tissue (TSE:KPT – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported C$0.24 earnings per share (EPS) for the quarter. Sell-side analysts expect that KP Tissue will post 0.44 EPS for the current year.

KP Tissue Company Profile

(Get Free Report)

KPT was created to acquire, and its business is limited to holding, a limited equity interest in Kruger Products, which is accounted for as an investment on the equity basis. KPT currently holds a 12% interest in Kruger Products.

Featured Articles

Receive News & Ratings for KP Tissue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KP Tissue and related companies with MarketBeat.com's FREE daily email newsletter.