K-Bro Linen (KBL) Announces Apr 14 Dividend of C$0.10
K-Bro Linen (TSE:KBL) declared a apr 14 dividend on Thursday, April 17th, AnalystRatingsNetwork reports. Investors of record on Wednesday, April 30th will be given a dividend of 0.0958 per share on Thursday, May 15th.
On the ratings front, analysts at TD Securities upgraded shares of K-Bro Linen from a “hold” rating to a “buy” rating in a research note on Tuesday, March 25th. They now have a C$44.00 price target on the stock, up previously from C$38.00. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. K-Bro Linen currently has a consensus rating of “Buy” and an average price target of C$40.65.
Shares of K-Bro Linen (TSE:KBL) traded down 0.03% during mid-day trading on Thursday, hitting $38.88. 24,308 shares of the company’s stock traded hands. K-Bro Linen has a 52-week low of $31.39 and a 52-week high of $40.55. The stock has a 50-day moving average of $38.61 and a 200-day moving average of $37.26. The company has a P/E ratio of 24.77.
K-Bro Linen Inc (TSE:KBL), formerly K-Bro Linen Income Fund (the Fund) is an operator of laundry and linen processing facilities in Canada.
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