Pollard Banknote (TSE:PBL) Price Target Raised to C$46.00

Pollard Banknote (TSE:PBL - Free Report) had its price target hoisted by Raymond James from C$44.00 to C$46.00 in a research note issued to investors on Friday,BayStreet.CA reports.

Other equities analysts have also recently issued reports about the company. Cormark decreased their target price on Pollard Banknote from C$34.00 to C$33.00 in a report on Thursday, August 15th. Acumen Capital decreased their price objective on Pollard Banknote from C$47.00 to C$28.00 and set a "buy" rating on the stock in a research note on Wednesday, August 7th. Finally, Canaccord Genuity Group boosted their price objective on Pollard Banknote from C$32.00 to C$36.00 and gave the company a "buy" rating in a research note on Tuesday, August 27th.

Pollard Banknote Stock Performance

Shares of TSE PBL traded down C$0.20 during midday trading on Friday, hitting C$25.90. 13,500 shares of the company's stock traded hands, compared to its average volume of 13,254. The firm has a fifty day moving average of C$24.97 and a 200 day moving average of C$27.39. Pollard Banknote has a 1 year low of C$17.95 and a 1 year high of C$37.75. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78. The stock has a market capitalization of C$700.85 million, a price-to-earnings ratio of 18.63 and a beta of 0.63.

Pollard Banknote (TSE:PBL - Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported C$0.43 EPS for the quarter. The business had revenue of C$137.80 million during the quarter, compared to analysts' expectations of C$138.58 million. Pollard Banknote had a net margin of 7.17% and a return on equity of 13.34%. On average, analysts forecast that Pollard Banknote will post 2.0250184 earnings per share for the current year.

Insider Buying and Selling at Pollard Banknote

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