Desjardins Forecasts Strong Price Appreciation for KP Tissue (TSE:KPT) Stock

KP Tissue (TSE:KPT) had its target price upped by investment analysts at Desjardins from C$8.50 to C$9.50 in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. Desjardins’ price objective suggests a potential upside of 6.38% from the stock’s previous close. Desjardins also issued estimates for KP Tissue’s Q2 2025 earnings at $0.16 EPS and FY2025 earnings at $0.64 EPS.

Separately, TD Securities increased their price target on KP Tissue from C$8.00 to C$9.00 and gave the stock a “hold” rating in a research note on Thursday.

KP Tissue Stock Performance

Shares of KPT opened at C$8.93 on Thursday. KP Tissue has a 1 year low of C$7.54 and a 1 year high of C$8.95. The company’s 50 day simple moving average is C$8.15 and its 200 day simple moving average is C$8.12. The company has a market capitalization of C$89.25 million, a price-to-earnings ratio of 13.98, a PEG ratio of -0.88 and a beta of 0.37.

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.