KP Tissue (TSE:KPT) Given New C$10.00 Price Target at National Bankshares

Key Points

• National Bankshares has raised KP Tissue's price target from C$9.50 to C$10.00, indicating a potential upside of 4.71% from its previous close.
• Other analysts, including TD Securities and Desjardins, have also adjusted their price targets, with TD increasing its target to C$9.00 and maintaining a "hold" rating.
• As of Thursday, KP Tissue's stock traded at C$9.55, reflecting a market capitalization of C$95.44 million and a P/E ratio of 14.95.

KP Tissue (TSE:KPT - Get Free Report) had its price target boosted by National Bankshares from C$9.50 to C$10.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a "sector perform" rating on the stock. National Bankshares' price objective points to a potential upside of 4.71% from the company's previous close.

A number of other research analysts also recently weighed in on the company. TD Securities increased their price target on KP Tissue from C$8.00 to C$9.00 and gave the company a "hold" rating in a research note on Thursday, May 22nd. Desjardins increased their price target on KP Tissue from C$9.50 to C$10.00 and gave the company a "hold" rating in a research note on Thursday.

KP Tissue Stock Performance

KPT traded up C$0.05 during mid-day trading on Thursday, reaching C$9.55. The stock had a trading volume of 12,300 shares, compared to its average volume of 16,224. The firm's fifty day simple moving average is C$9.12 and its two-hundred day simple moving average is C$8.48. The stock has a market capitalization of C$95.44 million, a P/E ratio of 14.95, a P/E/G ratio of -0.88 and a beta of 0.37. KP Tissue has a 52 week low of C$7.54 and a 52 week high of C$9.64.

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.

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