KP Tissue (TSE:KPT) Price Target Raised to C$11.00

KP Tissue (TSE:KPT) had its price target increased by research analysts at CIBC from C$10.50 to C$11.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. CIBC’s price objective would indicate a potential upside of 16.03% from the stock’s previous close.

KPT has been the subject of several other research reports. National Bankshares boosted their price target on shares of KP Tissue from C$9.50 to C$10.00 and gave the company a “sector perform” rating in a report on Thursday, August 14th. Desjardins boosted their price objective on KP Tissue from C$9.50 to C$10.00 and gave the stock a “hold” rating in a research report on Thursday, August 14th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$10.00.

KP Tissue Stock Performance

TSE:KPT traded down C$0.02 during mid-day trading on Friday, hitting C$9.48. 15,455 shares of the company’s stock traded hands, compared to its average volume of 16,542. KP Tissue has a 1 year low of C$7.54 and a 1 year high of C$9.69. The firm’s 50 day simple moving average is C$9.43 and its 200 day simple moving average is C$9.17. The company has a market cap of C$94.81 million, a PE ratio of 21.55, a price-to-earnings-growth ratio of -0.88 and a beta of 0.19.

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