Gene Henry Kruger Purchases 4,500 Shares of KP Tissue Inc (KPT) Stock

KP Tissue Inc (TSE:KPT) Director Gene Henry Kruger bought 4,500 shares of the company’s stock in a transaction that occurred on Thursday, November 22nd. The stock was purchased at an average price of C$8.51 per share, for a total transaction of C$38,295.00.

TSE KPT traded up C$0.18 during trading hours on Thursday, reaching C$8.56. The stock had a trading volume of 22,161 shares, compared to its average volume of 17,495. KP Tissue Inc has a 52-week low of C$6.58 and a 52-week high of C$14.44.

KPT has been the topic of a number of recent research reports. TD Securities dropped their target price on KP Tissue from C$11.50 to C$11.00 in a research report on Friday, August 10th. National Bank Financial dropped their target price on KP Tissue from C$10.50 to C$9.50 and set a “sector perform” rating on the stock in a research report on Friday, August 10th. Desjardins dropped their target price on KP Tissue from C$11.00 to C$10.00 in a research report on Monday, November 5th. Finally, Royal Bank of Canada dropped their target price on KP Tissue from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Friday, November 9th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of C$9.58.

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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.

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