Pollard Banknote (TSE:PBL) Given New C$46.00 Price Target at Raymond James

Pollard Banknote (TSE:PBL) had its price target boosted by Raymond James from C$44.00 to C$46.00 in a research report report published on Friday morning,BayStreet.CA reports.

Other equities analysts have also issued reports about the company. Acumen Capital lowered their target price on Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Canaccord Genuity Group boosted 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. Finally, Cormark reduced their price target on shares of Pollard Banknote from C$34.00 to C$33.00 in a research note on Thursday, August 15th.

Pollard Banknote Stock Performance

Shares of PBL traded down C$0.20 during mid-day trading on Friday, hitting C$25.90. The stock had a trading volume of 13,500 shares, compared to its average volume of 13,254. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 45.40. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75. The company’s fifty day simple moving average is C$24.97 and its two-hundred day simple moving average is C$27.39. The company has a market cap of C$700.85 million, a PE ratio of 18.63 and a beta of 0.63.

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

Insider Buying and Selling

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of Pollard Banknote stock in a transaction that occurred on Tuesday, September 24th. The shares were 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 three months. Company insiders own 64.02% of the company’s stock.

About Pollard Banknote

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.