Todays Report: Today, KP Tissue Inc (KPT) Upgrade by Royal Bank Of Canada to Outperform

Today, KP Tissue Inc (KPT) Upgrade by Royal Bank Of Canada to Outperform

Royal Bank Of Canada upgraded shares of KP Tissue Inc (TSE:KPT) from a sector perform rating to an outperform rating in a report issued on Monday, StockTargetPrices.com reports. They currently have C$17.00 price objective on the stock, up from their prior price objective of C$15.00.

A number of other research analysts also recently commented on KPT. Desjardins raised shares of KP Tissue from a hold rating to a buy rating and raised their target price for the company from C$13.50 to C$15.00 in a research report on Thursday, August 11th. Scotiabank raised shares of KP Tissue from a sector perform rating to an outperform rating and raised their target price for the company from C$14.00 to C$16.50 in a research report on Thursday, August 11th. TD Securities reaffirmed a buy rating and issued a C$15.00 price objective on shares of KP Tissue in a research report on Thursday, August 11th. Finally, CIBC lifted their price objective on shares of KP Tissue from C$15.00 to C$16.00 in a research report on Friday, August 12th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of C$16.21.

Shares of KP Tissue (TSE:KPT) opened at 14.80 on Monday. The firm has a 50-day moving average of $14.24 and a 200 day moving average of $13.41. KP Tissue has a 1-year low of $9.70 and a 1-year high of $14.84. The company’s market capitalization is $134.55 million.

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