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

K-Bro Linen (TSE:KBL - Get Free Report) had its target price raised by Raymond James from C$45.00 to C$48.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James' price objective would suggest a potential upside of 35.98% from the stock'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 research analysts have also recently issued reports about the company. TD Securities increased their price objective on K-Bro Linen from C$48.00 to C$49.00 and gave the company a "buy" rating in a research report on Monday, March 24th. Acumen Capital raised their target price on 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.

K-Bro Linen Stock Performance

Shares of KBL traded up C$0.15 during mid-day trading on Tuesday, hitting C$35.30. The company's stock had a trading volume of 32,670 shares, compared to its average volume of 11,273. K-Bro Linen has a one year low of C$30.69 and a one year high of C$40.03. The company has a debt-to-equity ratio of 102.23, a quick ratio of 0.87 and a current ratio of 2.08. The firm has a market capitalization of C$370.40 million, a PE ratio of 19.75, a price-to-earnings-growth ratio of 3.50 and a beta of 1.08. The stock's 50-day moving average is C$34.94 and its two-hundred day moving average is C$35.79.

K-Bro Linen Company Profile

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.