K-Bro Linen (TSE:KBL - Get Free Report) was downgraded by research analysts at Cormark from a "moderate buy" rating to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports. Cormark also issued estimates for K-Bro Linen's FY2025 earnings at $2.54 EPS, FY2026 earnings at $3.17 EPS and FY2027 earnings at $3.73 EPS.
Other equities research analysts have also recently issued reports about the stock. Acumen Capital upped their price objective on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the stock a "buy" rating in a report on Monday, March 24th. Raymond James increased their price target on shares of K-Bro Linen from C$45.00 to C$48.00 and gave the stock an "outperform" rating in a research report on Tuesday. Finally, TD Securities upped their price objective on shares of K-Bro Linen from C$48.00 to C$49.00 and gave the stock a "buy" rating in a research note on Monday, March 24th.
View Our Latest Stock Report on KBL
K-Bro Linen Price Performance
TSE KBL opened at C$35.23 on Wednesday. The stock has a market capitalization of C$369.67 million, a P/E ratio of 19.71, a P/E/G ratio of 3.50 and a beta of 1.08. K-Bro Linen has a 1 year low of C$30.69 and a 1 year high of C$40.03. The business's fifty day moving average is C$34.95 and its two-hundred day moving average is C$35.79. The company has a debt-to-equity ratio of 102.23, a quick ratio of 0.87 and a current ratio of 2.08.
About K-Bro Linen
(
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K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.
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