Acumen Capital Increases K-Bro Linen (TSE:KBL) Price Target to C$52.00

K-Bro Linen (TSE:KBL - Free Report) had its price target lifted by Acumen Capital from C$50.00 to C$52.00 in a research note issued to investors on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

K-Bro Linen Stock Down 1.3 %

Shares of K-Bro Linen stock traded down C$0.45 during trading on Monday, reaching C$33.80. The stock had a trading volume of 2,350 shares, compared to its average volume of 8,165. The company has a market capitalization of C$354.66 million, a price-to-earnings ratio of 18.91, a P/E/G ratio of 3.50 and a beta of 1.08. The stock has a fifty day moving average price of C$35.08 and a two-hundred day moving average price of C$35.73. 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 52 week low of C$30.69 and a 52 week high of C$40.03.

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.