The stocks of KL have been issued with a rating of buy by around ten different brokerages covering the firm. One of the research analysts involved gave the company a rating of sell, while two others issued the company a rating of hold. Close to seven others gave the company a rating of buy. The price target of the company over a period of a year has been set at $63.83.
The Stock Commentary Of KL
There have been quite a few research equities that have commented on the stocks of KL. Scotiabank has already reduced the price target of the company from $68 to $61 with a rating of outperform in a 6th April research report. Zacks Investment Research has also increased the price rating of the company from sell to hold with a price target of $42 in a Tuesday research report.
National Bank Financial reiterated its rating of sector perform in a 23rd April research report. Canaccord Genuity has also put up a rating of buy in a 12th April research report. In the end, TD Securities also issued a rating of buy in a 16th April research report.
The stocks of KL traded on Friday at $39.84. The moving average price of the company over a period of 50 days is $41.10. The year low of the company has been set at $31.72, with the year high set at $57.69. The market cap of the firm is $10.64 billion, with a PE ratio of 14.70, and a PEG ratio set at 4.70.
KL previously updated its quarterly report on the 6th of May. The EPS reported by the company during this period was $0.63, which was less than the consensus estimate of $0.67. The revenue generated by the company during this period was $551.80 million, which was slightly less than the consensus estimate of $662.39 million. The company also put up a net margin of around 30.36%, with an 18.12% return on equity.
