Pollard Banknote (TSE:PBL) Stock Gets Price Target Trim from Raymond James Financial

Pollard Banknote (TSE:PBL) had its price target trimmed by Raymond James Financial from C$28.00 to C$22.50 in a research note published on Tuesday morning,BayStreet reports. The brokerage currently has an outperform rating on the stock.

Separately, ATB Cormark Capital Markets downgraded Pollard Banknote from a “moderate buy” rating to a “hold” rating and decreased their price target for the stock from C$31.00 to C$18.00 in a report on Tuesday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Pollard Banknote has a consensus rating of “Moderate Buy” and a consensus price target of C$20.25.

Pollard Banknote Trading Down 1.7%

PBL opened at C$14.80 on Tuesday. Pollard Banknote has a twelve month low of C$14.57 and a twelve month high of C$20.88. The company has a quick ratio of 1.00, a current ratio of 2.18 and a debt-to-equity ratio of 50.40. The company has a fifty day moving average of C$16.60 and a 200-day moving average of C$17.52. The stock has a market cap of C$400.55 million, a PE ratio of 16.44 and a beta of 1.43.

Pollard Banknote (TSE:PBL) last released its earnings results on Friday, November 6th. The company reported C$0.30 earnings per share (EPS) for the quarter. The business had revenue of C$158.90 million for the quarter. Pollard Banknote had a net margin of 4.10% and a return on equity of 6.45%. On average, sell-side analysts predict that Pollard Banknote will post 2.03 EPS for the current year.

About Pollard Banknote

Pollard Banknote is a partner of choice to responsibly drive revenues for good causes both at retail and through digital channels for lotteries and charitable gaming markets worldwide. We empower our customers to maximize success through innovative offerings, strategic marketing, portfolio management, analytics, and end-to-end warehousing and logistics services. We offer an extensive high-performing gaming lineup, including instant tickets, pull-tab tickets and vending machines, the full range of paper and electronic bingo products, and cutting-edge electronic pull-tab gaming solutions.