KP Tissue (TSE:KPT) Reaches New 12-Month High – Here’s What Happened

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. National Bankshares upped 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 note on Thursday, August 14th. CIBC boosted their price target on shares of KP Tissue from C$10.50 to C$11.00 in a report on Friday, November 14th. Finally, Desjardins raised their price objective on shares of KP Tissue from C$9.50 to C$10.00 and gave the stock a “hold” rating in a report on Thursday, August 14th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, KP Tissue currently has an average rating of “Hold” and an average target price of C$10.00.

KP Tissue Stock Performance

The company has a 50-day moving average of C$9.63 and a 200 day moving average of C$9.38. The firm has a market cap of C$104.48 million, a P/E ratio of 26.77, a P/E/G ratio of -0.88 and a beta of 0.25.

KP Tissue (TSE:KPT) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.15 earnings per share (EPS) for the quarter. Sell-side analysts anticipate that KP Tissue Inc. will post 0.4398964 EPS for the current fiscal 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.