CIBC Issues Pessimistic Forecast for KP Tissue (TSE:KPT) Stock Price

KP Tissue (TSE:KPTGet Free Report) had its price objective dropped by stock analysts at CIBC from C$9.00 to C$8.50 in a note issued to investors on Wednesday,BayStreet.CA reports. CIBC’s price objective suggests a potential upside of 5.46% from the company’s previous close.

KP Tissue Trading Up 0.4 %

TSE KPT opened at C$8.06 on Wednesday. KP Tissue has a 12 month low of C$7.98 and a 12 month high of C$9.05. The stock’s fifty day moving average price is C$8.21 and its 200-day moving average price is C$8.35. The stock has a market cap of C$80.36 million, a P/E ratio of 13.43, a P/E/G ratio of -0.88 and a beta of 0.37.

Insider Activity at KP Tissue

In other news, Director Mario Gosselin sold 18,000 shares of the company’s stock in a transaction that occurred 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. 0.14% of the stock is currently owned by insiders.

KP Tissue Company Profile

(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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