Raymond James Lowers Pollard Banknote (TSE:PBL) Price Target to C$39.00

Pollard Banknote (TSE:PBL) had its price objective lowered by Raymond James from C$46.00 to C$39.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price objective suggests a potential upside of 84.66% from the company’s current price.

Separately, Cormark boosted their target price on shares of Pollard Banknote from C$33.00 to C$42.00 in a report on Wednesday, November 20th.

Pollard Banknote Price Performance

PBL stock opened at C$21.12 on Tuesday. Pollard Banknote has a one year low of C$17.95 and a one year high of C$37.50. The company’s fifty day moving average price is C$26.43 and its 200-day moving average price is C$25.37. The company has a debt-to-equity ratio of 51.70, a quick ratio of 1.01 and a current ratio of 1.87. The company has a market capitalization of C$582.57 million, a PE ratio of 12.11 and a beta of 0.63.

Pollard Banknote Company Profile

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.