Pollard Banknote (PBL) Price Target Raised to C$27.50

Pollard Banknote (TSE:PBL) had its price objective hoisted by research analysts at Canaccord Genuity from C$25.00 to C$27.50 in a report released on Wednesday. Canaccord Genuity’s target price points to a potential upside of 4.88% from the company’s current price.

Separately, Cormark raised their target price on Pollard Banknote from C$25.00 to C$27.00 in a research report on Thursday, September 27th.

Shares of TSE PBL traded up C$1.47 during midday trading on Wednesday, hitting C$26.22. 16,769 shares of the company’s stock were exchanged, compared to its average volume of 11,206. The company has a debt-to-equity ratio of 74.67, a current ratio of 2.71 and a quick ratio of 1.43. Pollard Banknote has a twelve month low of C$13.50 and a twelve month high of C$27.75.

Pollard Banknote (TSE:PBL) last issued its earnings results on Wednesday, August 8th. The company reported C$0.20 earnings per share for the quarter. The business had revenue of C$86.83 million for the quarter. As a group, research analysts predict that Pollard Banknote will post 1.09000005360656 earnings per share for the current fiscal year.

In other Pollard Banknote news, insider Robert Brock Young bought 5,000 shares of the business’s stock in a transaction dated Wednesday, October 17th. The shares were acquired at an average price of C$23.00 per share, with a total value of C$115,000.00.

Pollard Banknote Company Profile

Pollard Banknote Limited, together with its subsidiaries, provides lottery and charitable gaming products and services worldwide. The company offers instant tickets and lottery services, including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, interactive gaming, Social Instants, retail management services, and vending machines, including charitable game systems and tickets under the brand name of Diamond Game.

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