KP Tissue (TSE:KPT) Price Target Raised to C$9.00

KP Tissue (TSE:KPT) had its target price upped by TD Securities from C$8.50 to C$9.00 in a research note issued to investors on Friday morning, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Separately, Royal Bank of Canada upgraded shares of KP Tissue from a sector perform rating to an outperform rating and lifted their target price for the stock from C$8.00 to C$10.00 in a research note on Friday.

KPT opened at C$8.76 on Friday. The stock has a market capitalization of $76.01 million and a P/E ratio of -32.57. The stock has a 50-day simple moving average of C$8.20. KP Tissue has a twelve month low of C$6.58 and a twelve month high of C$10.36.

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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