CIBC Cuts KP Tissue (KPT) Price Target to C$14.00

KP Tissue (TSE:KPT) had its price objective reduced by CIBC from C$16.00 to C$14.00 in a report released on Friday morning.

KPT has been the subject of a number of other reports. National Bank Financial decreased their target price on KP Tissue from C$17.00 to C$15.50 and set a sector perform rating for the company in a report on Thursday, November 9th. Royal Bank of Canada decreased their target price on KP Tissue from C$16.00 to C$14.00 and set an outperform rating for the company in a report on Friday.

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Shares of KP Tissue (TSE KPT) opened at C$11.99 on Friday. KP Tissue has a one year low of C$11.77 and a one year high of C$16.34. The firm has a market capitalization of $112.86, a price-to-earnings ratio of -66.89 and a beta of 0.63.

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KP Tissue Company Profile

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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