KP Tissue (TSE:KPT) Price Target Lowered to C$8.50 at CIBC

KP Tissue (TSE:KPT) had its target price reduced by CIBC from C$9.00 to C$8.50 in a research report released on Wednesday morning,BayStreet.CA reports.

KP Tissue Price Performance

TSE KPT opened at C$8.03 on Wednesday. The stock has a market capitalization of C$80.06 million, a P/E ratio of 13.38, a P/E/G ratio of -0.88 and a beta of 0.37. The business has a 50 day simple moving average of C$8.21 and a 200 day simple moving average of C$8.35. KP Tissue has a one year low of C$7.98 and a one year high of C$9.05.

Insider Transactions at KP Tissue

In related news, Director Mario Gosselin sold 18,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$8.19, for a total value of C$147,420.00. Insiders own 0.14% of the company’s stock.

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 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.