K-Bro Linen (TSE:KBL) PT Set at C$51.00 by National Bank Financial

K-Bro Linen (TSE:KBL) has been assigned a C$51.00 target price by investment analysts at National Bank Financial in a report released on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 42.78% from the company’s current price.

K-Bro Linen Trading Up 2.6%

K-Bro Linen stock opened at C$35.72 on Friday. K-Bro Linen has a 52-week low of C$33.30 and a 52-week high of C$39.43. The business has a 50-day simple moving average of C$35.27 and a two-hundred day simple moving average of C$35.54. The company has a market cap of C$460.86 million, a P/E ratio of 23.66, a P/E/G ratio of 3.50 and a beta of 0.55. The company has a quick ratio of 0.87, a current ratio of 1.88 and a debt-to-equity ratio of 116.99.

K-Bro Linen (TSE:KBL) last issued its quarterly earnings data on Thursday, March 19th. The company reported C$0.55 earnings per share for the quarter. K-Bro Linen had a return on equity of 7.09% and a net margin of 3.55%.The company had revenue of C$146.79 million for the quarter. Analysts predict that K-Bro Linen will post 2.3389262 EPS for the current year.

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. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.