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

K-Bro Linen (TSE:KBLFree Report) had its price target upped by Raymond James from C$45.00 to C$48.00 in a report published on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock. 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.

Several other analysts also recently commented on the company. Acumen Capital increased their target price 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. TD Securities increased their target price on K-Bro Linen from C$48.00 to C$49.00 and gave the company a “buy” rating in a research note on Monday, March 24th.

Read Our Latest Analysis on KBL

K-Bro Linen Stock Performance

Shares of KBL opened at C$35.15 on Tuesday. The business’s fifty day simple moving average is C$34.91 and its two-hundred day simple moving average is C$35.79. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23. K-Bro Linen has a 12 month low of C$30.69 and a 12 month high of C$40.03. The company has a market cap of C$368.83 million, a price-to-earnings ratio of 19.67, a P/E/G ratio of 3.50 and a beta of 1.08.

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.

Read More

Receive News & Ratings for K-Bro Linen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K-Bro Linen and related companies with MarketBeat.com's FREE daily email newsletter.