Jan 13 Dividend of $0.10 Planned by K Bro Linen (KBL)
K Bro Linen (TSE:KBL) declared a jan 13 dividend on Tuesday, January 15th. Stockholders of record on Thursday, January 31st will be given a dividend of $0.10 per share on Friday, February 15th.
Several analysts have also recently commented on the stock. Analysts at Scotia Capital initiated coverage on shares of K Bro Linen in a research note to investors on Tuesday, December 4th. They set a “sector perform” rating and a $30.00 price target on the stock. On a related note, analysts at TD Securities raised their price target on shares of K Bro Linen from $29.00 to $30.00 in a research note to investors on Thursday, November 15th. They now have a “hold” rating on the stock. Finally, analysts at Laurentian reiterated a “buy” rating on shares of K Bro Linen in a research note to investors on Friday, October 26th.
Shares of K Bro Linen (KBL) traded up 2.60% during mid-day trading on Tuesday, hitting $30.00. K Bro Linen (KBL) has a 52 week low of $21.20 and a 52 week high of $30.18. The stock’s 50-day moving average is currently $29.03. The company has a P/E ratio of 20.31.
K-Bro Linen Inc. (K-Bro), formerly K-Bro Linen Income Fund (the Fund) is an operator of laundry and linen processing facilities in Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.