K-Bro Linen (TSE:KBL) Price Target Raised to C$48.00

K-Bro Linen (TSE:KBL - Get Free Report) had its target price lifted by Raymond James from C$45.00 to C$48.00 in a research note issued on Tuesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Raymond James' price target points to a potential upside of 37.77% from the company's previous close. Raymond James also issued estimates for K-Bro Linen's Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.74 EPS and FY2026 earnings at $2.13 EPS.

Other equities analysts have also issued reports about the stock. Acumen Capital raised their price target on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the stock a "buy" rating in a research report on Monday, March 24th. TD Securities boosted their price objective on shares of K-Bro Linen from C$48.00 to C$49.00 and gave the company a "buy" rating in a report on Monday, March 24th.

K-Bro Linen Stock Performance

Shares of TSE KBL traded down C$0.39 during trading hours on Tuesday, reaching C$34.84. 7,284 shares of the stock were exchanged, compared to its average volume of 11,290. The firm has a market capitalization of C$365.57 million, a price-to-earnings ratio of 19.50, a P/E/G ratio of 3.50 and a beta of 1.08. The stock's fifty day simple moving average is C$34.95 and its 200 day simple 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. K-Bro Linen has a 52 week low of C$30.69 and a 52 week high of C$40.03.

About K-Bro Linen

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.