Analyst Price Target is $54.50
▲ +69.68% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for K-Bro Linen in the last 3 months. The average price target is $54.50, with a high forecast of $56.00 and a low forecast of $53.00. The average price target represents a 69.68% upside from the last price of $32.12.
Current Consensus is
The current consensus among 3 investment analysts is to buy stock in K-Bro Linen. This rating has held steady since April 2021, when it changed from a Hold consensus rating.
K-Bro Linen, Inc. engages in the provision of linen services to healthcare institutions hotels and other commercial accounts. It operates through the Canadian and UK segments. The Canadian segment provides laundry and linen services to the healthcare and hospitality sectors in in Vancouver, Victoria, Calgary, Edmonton, Regina, Toronto, Montréal, and Québec City. The UK segment offers provides laundry and linen services primarily to the hospitality sector in North Lanarkshire, Inverness, West Lothian, North Shields, Perth, and Fife. The company was founded in 1954 and is headquartered in Edmonton, Canada.