KP Tissue (TSE:KPT) Given New C$12.50 Price Target at Desjardins

KP Tissue (TSE:KPT) had its price objective hoisted by research analysts at Desjardins from C$12.00 to C$12.50 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. Desjardins’ target price would suggest a potential upside of 7.30% from the stock’s current price.

Separately, National Bank Financial upped their target price on KP Tissue from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$11.10.

KP Tissue Stock Performance

KP Tissue stock traded up C$0.06 during trading on Friday, hitting C$11.65. The company’s stock had a trading volume of 24,555 shares, compared to its average volume of 13,989. The stock has a market capitalization of C$116.67 million, a price-to-earnings ratio of 13.71, a P/E/G ratio of -0.88 and a beta of 0.47. The stock’s fifty day moving average is C$11.10 and its 200 day moving average is C$10.51. KP Tissue has a 1-year low of C$8.66 and a 1-year high of C$11.95.

KP Tissue (TSE:KPT) last released its earnings results on Thursday, May 14th. The company reported C$0.22 EPS for the quarter. On average, research analysts anticipate that KP Tissue 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.