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

KP Tissue Inc. (TSE:KPT)’s share price reached a new 52-week high on Monday . The stock traded as high as C$9.13 and last traded at C$9.13, with a volume of 15879 shares. The stock had previously closed at C$8.95.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Desjardins boosted their price target on KP Tissue from C$8.50 to C$9.50 and gave the stock a “hold” rating in a report on Thursday, May 22nd. National Bankshares lifted their price objective on KP Tissue from C$8.50 to C$9.50 and gave the stock a “sector perform” rating in a research report on Thursday, May 22nd. Finally, TD Securities upped their target price on shares of KP Tissue from C$8.00 to C$9.00 and gave the company a “hold” rating in a report on Thursday, May 22nd.

KP Tissue Trading Up 1.9%

The company has a market cap of C$91.15 million, a PE ratio of 14.28, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37. The business has a 50 day simple moving average of C$8.33 and a two-hundred day simple moving average of C$8.17.

KP Tissue Company Profile

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.