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KP Tissue (KPT) Receives a Buy from Scotiabank


Shares of KP Tissue (KPT) were revisited by a Wall Street analyst yesterday. Scotiabank’s analyst George Doumet reiterates their Buy rating on the shares, with a C$10.50 price target.

According to TipRanks.com, Doumet is ranked #1497 out of 4912 analysts.

KP Tissue has an analyst consensus of Moderate Buy, with a price target consensus of C$10.

The company has a one-year high of C$14.44 and a one-year low of C$6.58. Currently, KP Tissue has an average volume of 17.35K.

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 Thursday at C$7.36, close to its 52-week low of C$6.58.