Analyst Activity – TD Securities Lowers Its Price Target On K Bro Linen (TSE:KBL) to C$50.00

Analyst Ratings For K Bro Linen (TSE:KBL)

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Today, TD Securities lowered its price target on K Bro Linen (TSE:KBL) to C$50.00 per share.

There are 1 sell rating, 1 hold rating, 2 buy ratings on the stock.

The current consensus rating on K Bro Linen (TSE:KBL) is Hold (Score: 2.25) with a consensus target price of C$46.75 per share, a potential .

Some recent analyst ratings include

  • 3/27/2017-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Sector Perform ” rating to a ” Underperform” rating.
  • 12/7/2016-GMP Securities Reiterated Rating of Buy.

    About K Bro Linen (TSE:KBL)
    K Bro Linen Inc is a Canada-based owner and operator of laundry and linen processing facilities. The Company provides laundry and linen services to healthcare institutions, hotels and other commercial accounts. The Company’s services include the processing, management and distribution of general and operating room linens (K Bro Operating Room (KOR) Services), including sheets, blankets, towels, tablecloths, surgical gowns and drapes, and other types of linen. Other types of processors in the Company’s industry in Canada include independent privately-owned facilities (small and single facility companies), public sector central laundries, and public and private sector on-premise laundries (OPLs). Its healthcare customers include hospitals and long-term care facilities. K Bro Linen Systems Inc is the subsidiary of the Company.

    Recent Trading Activity for K Bro Linen (TSE:KBL)
    Shares of K Bro Linen closed the previous trading session at 38.44 down -1.23 -3.09% with 49,041 shares trading hands.

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