KP Tissue Inc (KPT) Receives C$9.75 Average PT from Brokerages

Shares of KP Tissue Inc (TSE:KPT) have been assigned an average recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$9.75.

Separately, National Bank Financial reissued a “sector perform market weight” rating on shares of KP Tissue in a research report on Wednesday, January 23rd.

Shares of KP Tissue stock traded up C$0.12 on Thursday, reaching C$9.05. 10,300 shares of the company were exchanged, compared to its average volume of 11,283. KP Tissue has a 1-year low of C$6.58 and a 1-year high of C$12.08. The company has a market cap of $84.61 million and a PE ratio of -476.32.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 1st will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 7.96%. The ex-dividend date of this dividend is Friday, March 29th. KP Tissue’s dividend payout ratio (DPR) is -3,789.47%.

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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Analyst Recommendations for KP Tissue (TSE:KPT)

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