Raymond James Increases Pollard Banknote (TSE:PBL) Price Target to C$46.00

Pollard Banknote (TSE:PBL) had its price objective lifted by Raymond James from C$44.00 to C$46.00 in a report issued on Friday,BayStreet.CA reports.

A number of other analysts have also issued reports on the stock. Canaccord Genuity Group increased their price target on shares of Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a research report on Tuesday, August 27th. Cormark cut their target price on shares of Pollard Banknote from C$34.00 to C$33.00 in a research report on Thursday, August 15th. Finally, Acumen Capital lowered their price target on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th.

Pollard Banknote Stock Down 0.8 %

TSE:PBL traded down C$0.20 during trading hours on Friday, hitting C$25.90. 13,500 shares of the stock traded hands, compared to its average volume of 13,254. The firm has a 50 day moving average price of C$24.97 and a 200 day moving average price of C$27.39. The firm has a market cap of C$700.85 million, a price-to-earnings ratio of 18.63 and a beta of 0.63. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 45.40.

Pollard Banknote (TSE:PBL) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C$0.43 earnings per share (EPS) for the quarter. Pollard Banknote had a return on equity of 13.34% and a net margin of 7.17%. The firm had revenue of C$137.80 million during the quarter, compared to the consensus estimate of C$138.58 million. Equities research analysts anticipate that Pollard Banknote will post 2.0250184 earnings per share for the current year.

Insider Activity at Pollard Banknote

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of the stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total transaction of C$52,260.00. Over the last quarter, insiders have sold 4,300 shares of company stock valued at $110,510. 64.02% of the stock is currently owned by corporate insiders.

Pollard Banknote Company Profile

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.