Cormark Cuts Pollard Banknote (TSE:PBL) Price Target to C$37.00

Pollard Banknote (TSE:PBL) had its price target cut by Cormark from C$42.00 to C$37.00 in a research report issued on Thursday,BayStreet.CA reports. Cormark’s price objective points to a potential upside of 81.37% from the stock’s current price.

Separately, Raymond James dropped their price target on shares of Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th.

Pollard Banknote Price Performance

Shares of TSE:PBL opened at C$20.40 on Thursday. The company has a market cap of C$562.71 million, a P/E ratio of 11.70 and a beta of 0.63. Pollard Banknote has a 52 week low of C$17.95 and a 52 week high of C$37.50. The company has a quick ratio of 1.01, a current ratio of 1.87 and a debt-to-equity ratio of 51.70. The business has a fifty day simple moving average of C$25.33 and a 200-day simple moving average of C$25.01.

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.