A number of research firms have changed their ratings and price targets for K-Bro Linen (TSE: KBL):
- 8/6/2026 – K-Bro Linen had its price target raised by Stifel Nicolaus from C$52.00 to C$54.00. They now have a “buy” rating on the stock.
- 8/6/2026 – K-Bro Linen had its price target raised by Raymond James Financial, Inc. from C$50.00 to C$54.00. They now have an “outperform” rating on the stock.
- 8/6/2026 – K-Bro Linen had its price target raised by ATB Cormark Capital Markets from C$50.00 to C$55.00. They now have an “outperform” rating on the stock.
- 7/28/2026 – K-Bro Linen had its price target raised by National Bank Financial from C$51.00 to C$54.00. They now have an “outperform” rating on the stock.
- 7/24/2026 – K-Bro Linen was upgraded by TD Securities to “strong-buy”.
Insider Activity at K-Bro Linen
In other news, insider K-Bro Linen Inc. purchased 5,341 shares of the stock in a transaction dated Wednesday, May 27th. The shares were purchased at an average cost of C$41.25 per share, with a total value of C$220,316.25. Following the completion of the purchase, the insider directly owned 338,581 shares of the company’s stock, valued at approximately C$13,966,466.25. The trade was a 1.60% increase in their position. Also, insider Jeffrey Ronald Gannon sold 1,225 shares of K-Bro Linen stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of C$42.00, for a total transaction of C$51,450.00. Following the sale, the insider directly owned 15,407 shares in the company, valued at approximately C$647,094. This trade represents a 7.37% decrease in their position. Over the last ninety days, insiders have bought 14,622 shares of company stock valued at $605,901. Corporate insiders own 3.25% of the company’s stock.
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.
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