KP Tissue (KPT) Gets a Hold Rating from TD Securities


KP Tissue (KPT), the Consumer Goods sector company, was revisited by a Wall Street analyst today. Analyst Sean Steuart from TD Securities rated KP Tissue (KPT) a Hold, setting a C$8.50 price target.

According to TipRanks.com, Steuart is ranked #874 out of 4912 analysts.

KP Tissue has an analyst consensus of Moderate Buy, with a price target consensus of C$9.60, a 27.3% upside from current levels. In a report issued on November 5, Desjardins also maintained a Hold rating on the stock with a C$10 price target.

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KP Tissue’s market cap is currently C$68.44M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.71.

KP Tissue, Inc. operates as a holding company engages in the production, distribution, marketing, and sale of products, including bathroom tissue, facial tissue, paper towels and napkins, for both the consumer and the away-from-home market. It operates through the following segments: Away-From-Home, Consumer, and Other. The Away-From-Home includes the Purex, Esteem, White Swan, Embassy, and Chalet brands. The Consumer segment operates through the following brands: Cashmere, Purex, Scotties, SpongeTowels, and White Cloud. The Other segment consists primarily of parent rolls sold to third parties in Canada and the United States through brokers. The company was founded in October 2012 and is headquartered in Mississauga, Canada.

The company’s shares closed on Friday at C$7.54, close to its 52-week low of C$6.58.

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