K-Bro Linen (TSE:KBL) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Posted by ABMN Staff on Jun 3rd, 2026

K-Bro Linen Inc. (TSE:KBL – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$36.15 and traded as high as C$41.64. K-Bro Linen shares last traded at C$41.20, with a volume of 9,861 shares trading hands.

Wall Street Analysts Forecast Growth

KBL has been the topic of a number of research analyst reports. National Bank Financial set a C$51.00 target price on K-Bro Linen and gave the company an “outperform” rating in a research report on Friday, April 10th. TD lifted their target price on K-Bro Linen from C$50.00 to C$52.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$50.20.

Get Our Latest Report on K-Bro Linen

K-Bro Linen Price Performance

The stock has a market capitalization of C$531.56 million, a price-to-earnings ratio of 25.59, a PEG ratio of 3.50 and a beta of 0.57. The company has a debt-to-equity ratio of 116.44, a quick ratio of 0.87 and a current ratio of 1.87. The company has a 50 day moving average of C$37.98 and a 200 day moving average of C$36.15.

K-Bro Linen (TSE:KBL – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported C$0.36 EPS for the quarter. K-Bro Linen had a return on equity of 7.12% and a net margin of 3.51%.The firm had revenue of C$139.11 million during the quarter. As a group, equities research analysts anticipate that K-Bro Linen Inc. will post 2.3389262 EPS for the current year.

K-Bro Linen Company Profile

(Get Free Report)

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.