K-Bro Linen Inc. (TSE:KBL - Get Free Report) announced a jul 25 dividend on Tuesday, July 15th, RTT News reports. Shareholders of record on Thursday, July 31st will be given a dividend of 0.10 per share on Friday, August 15th.
K-Bro Linen Trading Down 0.3%
KBL traded down C$0.10 during midday trading on Thursday, hitting C$34.42. The company's stock had a trading volume of 16,324 shares, compared to its average volume of 14,027. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23. The firm has a market cap of C$361.17 million, a P/E ratio of 19.26, a PEG ratio of 3.50 and a beta of 1.08. The firm has a 50-day moving average price of C$34.94 and a two-hundred day moving average price of C$35.16. K-Bro Linen has a 52-week low of C$32.03 and a 52-week high of C$40.03.
Analyst Ratings Changes
A number of analysts have recently issued reports on KBL shares. Acumen Capital boosted their target price on 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. TD Securities boosted their target price on K-Bro Linen from C$49.00 to C$50.00 and gave the stock a "buy" rating in a report on Friday, June 13th. Cormark cut K-Bro Linen from a "moderate buy" rating to a "hold" rating in a report on Wednesday, June 4th. Stifel Nicolaus boosted their target price on K-Bro Linen from C$46.00 to C$50.00 in a report on Friday, June 13th. Finally, Raymond James Financial boosted their target price on K-Bro Linen from C$45.00 to C$48.00 and gave the stock an "outperform" rating in a report on Tuesday, June 3rd.
Check Out Our Latest Research Report on K-Bro Linen
About K-Bro Linen
(
Get Free Report)
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.
Featured Stories
Before you consider K-Bro Linen, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and K-Bro Linen wasn't on the list.
While K-Bro Linen currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
