K-Bro Linen Inc. (TSE:KBL - Get Free Report) declared a jun 25 dividend on Friday, June 13th, RTT News reports. Shareholders of record on Monday, June 30th will be given a dividend of 0.10 per share on Tuesday, July 15th.
K-Bro Linen Stock Performance
Shares of TSE:KBL traded down C$0.79 during trading on Monday, reaching C$34.86. 31,248 shares of the stock were exchanged, compared to its average volume of 12,304. K-Bro Linen has a 12 month low of C$30.69 and a 12 month high of C$40.03. The firm has a market cap of C$365.78 million, a PE ratio of 19.51, a PEG ratio of 3.50 and a beta of 1.08. The stock has a 50-day moving average price of C$35.18 and a 200-day moving average price of C$35.75. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23.
Analyst Ratings Changes
Several analysts recently issued reports on KBL shares. Acumen Capital boosted their price target on K-Bro Linen from C$50.00 to C$52.00 and gave the company a "buy" rating in a research note on Monday, March 24th. Cormark cut shares of K-Bro Linen from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, June 4th. TD Securities boosted their target price on shares of K-Bro Linen from C$49.00 to C$50.00 and gave the company a "buy" rating in a research report on Friday. Raymond James boosted their target price on shares of K-Bro Linen from C$45.00 to C$48.00 and gave the company an "outperform" rating in a research report on Tuesday, June 3rd. Finally, Stifel Nicolaus boosted their price objective on shares of K-Bro Linen from C$46.00 to C$50.00 in a report on Friday.
View Our Latest Stock Report on KBL
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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