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KP Tissue (TSE:KPT) Reaches New 12-Month High - What's Next?

KP Tissue logo with Consumer Defensive background

KP Tissue Inc. (TSE:KPT - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$8.97 and last traded at C$8.91, with a volume of 10692 shares trading hands. The stock had previously closed at C$8.95.

Wall Street Analysts Forecast Growth

Several brokerages have commented on KPT. Desjardins raised their price target on shares of KP Tissue from C$8.50 to C$9.50 and gave the company a "hold" rating in a research note on Thursday, May 22nd. National Bankshares raised their price objective on shares of KP Tissue from C$8.50 to C$9.50 and gave the company a "sector perform" rating in a research note on Thursday, May 22nd. Finally, TD Securities raised their price objective on shares of 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.

Get Our Latest Stock Analysis on KPT

KP Tissue Price Performance

The firm has a market cap of C$89.35 million, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37. The stock's 50 day moving average is C$8.24 and its 200 day moving average is C$8.14.

KP Tissue Company Profile

(Get Free Report)

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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