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

KP Tissue (TSE:KPT) had its price target hoisted by CIBC from C$10.50 to C$11.00 in a research report released on Friday,BayStreet.CA reports.

A number of other equities analysts also recently weighed in on KPT. National Bankshares boosted their target price on shares of KP Tissue from C$9.50 to C$10.00 and gave the stock a “sector perform” rating in a report on Thursday, August 14th. Desjardins boosted 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 research note on Thursday, August 14th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of C$10.00.

KP Tissue Trading Up 0.3%

KP Tissue stock opened at C$9.53 on Friday. KP Tissue has a 1-year low of C$7.54 and a 1-year high of C$9.69. The company has a fifty day simple moving average of C$9.43 and a 200 day simple moving average of C$9.20. The company has a market cap of C$95.05 million, a P/E ratio of 21.66, a price-to-earnings-growth ratio of -0.88 and a beta of 0.19.

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

About KP Tissue

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.