KP Tissue (KPT) Given New C$11.00 Price Target at TD Securities

KP Tissue (TSE:KPT) had its target price trimmed by TD Securities from C$11.50 to C$11.00 in a research note published on Friday morning.

Other equities research analysts also recently issued reports about the company. CIBC decreased their target price on KP Tissue from C$14.00 to C$12.00 in a research report on Friday, May 11th. Desjardins downgraded KP Tissue from a buy rating to a hold rating and decreased their target price for the stock from C$12.50 to C$11.00 in a research report on Friday, July 13th. Scotiabank decreased their target price on KP Tissue from C$13.00 to C$12.00 and set an outperform rating on the stock in a research report on Wednesday, June 6th. Finally, National Bank Financial decreased their target price on KP Tissue from C$12.50 to C$10.50 and set a sector perform rating on the stock in a research report on Friday, May 11th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of C$11.25.

TSE:KPT opened at C$9.83 on Friday. KP Tissue has a 12 month low of C$9.50 and a 12 month high of C$15.82.

KP Tissue (TSE:KPT) last posted its earnings results on Thursday, May 10th. The company reported C($0.09) EPS for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.19).

The company also recently announced a quarterly dividend, which will be paid on Monday, October 15th. Investors of record on Friday, September 28th will be given a $0.18 dividend. The ex-dividend date is Thursday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.32%.

About KP Tissue

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in North America. The company operates through three segments: Consumer Products, Away-From-Home, and Other. It offers bathroom and facial tissues, paper towels, and paper towels and napkins, as well as disposable wiping products and washroom dispensing systems.

Featured Article: Average Daily Trade Volume Explained

Analyst Recommendations for KP Tissue (TSE:KPT)

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.

Leave a Reply