KP Tissue Inc (TSE:KPT) – Equities researchers at National Bank Financial lowered their FY2019 EPS estimates for KP Tissue in a research note issued to investors on Thursday. National Bank Financial analyst L. Aghazarian now forecasts that the company will post earnings per share of $1.12 for the year, down from their previous estimate of $1.26. National Bank Financial currently has a “Sector Perform” rating and a $12.50 target price on the stock.
Several other research analysts also recently issued reports on the company. TD Securities reduced their price objective on KP Tissue from C$17.00 to C$15.50 in a report on Friday. Scotiabank reduced their price objective on KP Tissue from C$17.50 to C$15.00 and set an “outperform” rating on the stock in a report on Friday. Royal Bank of Canada reduced their price objective on KP Tissue from C$16.00 to C$14.00 and set an “outperform” rating on the stock in a report on Friday. Desjardins reduced their price objective on KP Tissue from C$17.50 to C$15.00 in a report on Friday. Finally, CIBC reduced their price objective on KP Tissue from C$16.00 to C$14.00 in a report on Friday.
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About KP Tissue
KP Tissue Inc is a Canada-based company, 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 and facial tissue, paper towels and napkins, for both the Consumer and the Away-From-Home (AFH) markets.
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