K-Bro Linen (KBL) Gets a Buy Rating from GMP FirstEnergy


On October 24, an analyst has provided a rating update for the Utilities sector company, K-Bro Linen (KBL). On October 24, an analyst has provided a rating update for the Utilities sector company, K-Bro Linen (TSX: KBL).

According to TipRanks.com, Keywood is ranked #4026 out of 5580 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for K-Bro Linen with a C$45.00 average price target.

Based on K-Bro Linen’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$495K. In comparison, last year the company had a net profit of C$1.89 million.

K-Bro is the owner and operator of laundry and linen processing facilities in Canada. K‑Bro provides an extensive menu of services that go beyond basic laundry services.

The company’s shares closed last Friday at C$36.86.

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