KP Tissue (TSE:KPT) Hits New 12-Month High – What’s Next?

KP Tissue Inc. (TSE:KPT) hit a new 52-week high on Tuesday . The company traded as high as C$10.48 and last traded at C$10.44, with a volume of 8512 shares. The stock had previously closed at C$10.45.

Analysts Set New Price Targets

KPT has been the subject of several recent analyst reports. CIBC upped their target price on KP Tissue from C$10.50 to C$11.00 in a report on Friday, November 14th. Desjardins upped their price objective on KP Tissue from C$9.50 to C$10.00 and gave the company a “hold” rating in a research note on Thursday, August 14th. Finally, National Bankshares raised their target price on KP Tissue from C$9.50 to C$10.00 and gave the company a “sector perform” rating in a research report on Thursday, August 14th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$10.00.

KP Tissue Stock Down 0.4%

The firm has a 50 day moving average of C$9.69 and a 200 day moving average of C$9.41. The firm has a market cap of C$104.68 million, a PE ratio of 26.82, a P/E/G ratio of -0.88 and a beta of 0.25.

KP Tissue (TSE:KPT) last issued its earnings results on Thursday, November 13th. The company reported C$0.15 earnings per share (EPS) for the quarter. On average, research analysts anticipate that KP Tissue Inc. will post 0.4398964 EPS for the current year.

KP Tissue Company Profile

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.