KL Has Been Given A Buy Rating By Analysts

0
74
KL
KL

The stocks of KL have been issued with a rating of buy by around eleven different ratings in a Marketbeat report. According to the report, one of the investment analysts has already put up a rating of sell, while two others have issued the company with a rating of hold. Close to three other analysts have given the company a rating of buy. The price target of the company over a period of a year has been C$68.50. 

The Stock Commentary Of KL

Quite a few research equities have commented on the stocks of KL. TD Securities has already increased the price rating of the company from buy to action list buy with a price target reduced to C$72 in a 16th April research report. National Bancshares has also reduced the price target of the company from C$57 to C$56 with a rating of sector perform in a 13th July research report.

CIBC has also put up a rating of outperform with a price target of C$77 in a 12th July research report. Canaccord Genuity has gone the other way with an increase in the price target from C$60 to C$65 with a rating of na in a Friday research report. 

The stocks of KL traded on Thursday at C$50.91. The current ratio of the company is 2.24 with a 1.85 quick ratio and a 0.51 debt-to-equity ratio. The moving average price of the company over a period of 50 days is C$50.77. The year low of the company has been C$40.07, with the year high coming to C$76.43. The market cap of the company is C$13.60 billion with a PE ratio of 14.96. 

KL previously announced their quarterly data on the 6th of May. The EPS reported by the company during this period was C$0.80, with the consensus estimate coming to C$0.83. The revenue generated by the company during this period was C$698.85 million, which was comprehensively more than the revenue of C$686.88 million.