KP Tissue (TSE:KPT) Sets New 12-Month High – Still a Buy?

Shares of KP Tissue Inc. (TSE:KPT) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$13.26 and last traded at C$13.10, with a volume of 13048 shares. The stock had previously closed at C$13.07.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. TD upped their price target on shares of KP Tissue from C$11.00 to C$12.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Desjardins boosted their target price on KP Tissue from C$12.00 to C$12.50 and gave the company a “hold” rating in a research note on Friday, May 15th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$11.63.

KP Tissue Trading Up 1.1%

The firm has a 50-day moving average of C$11.55 and a two-hundred day moving average of C$10.86. The firm has a market cap of C$130.66 million, a price-to-earnings ratio of 14.48, a PEG ratio of -0.88 and a beta of 0.55.

KP Tissue (TSE:KPT) last announced its earnings results on Thursday, May 14th. The company reported C$0.22 earnings per share (EPS) for the quarter. As a group, equities analysts anticipate that KP Tissue Inc. will post 0.4398964 EPS for the current 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.