Park Lawn Co. (TSE:PLC) Receives C$24.44 Consensus Target Price from Analysts

Park Lawn Co. (TSE:PLC) has earned an average recommendation of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$24.44.

Several equities research analysts have commented on PLC shares. Acumen Capital boosted their target price on Park Lawn from C$23.00 to C$24.00 in a research note on Monday, May 13th. Stifel Nicolaus boosted their target price on Park Lawn from C$22.00 to C$26.50 and gave the stock a “buy” rating in a report on Tuesday, June 4th. Cormark upped their price target on shares of Park Lawn from C$24.00 to C$26.50 in a research note on Wednesday, June 5th. National Bankshares raised their price objective on shares of Park Lawn from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 14th. Finally, CIBC downgraded Park Lawn from a “neutral” rating to a “tender” rating and upped their target price for the company from C$21.00 to C$26.50 in a research report on Tuesday, June 4th.

Park Lawn Price Performance

The firm has a market capitalization of C$904.82 million, a price-to-earnings ratio of -94.57, a price-to-earnings-growth ratio of 14.67 and a beta of 1.13. The stock’s 50 day moving average is C$26.26 and its two-hundred day moving average is C$21.02. Park Lawn has a twelve month low of C$15.48 and a twelve month high of C$26.51. The company has a current ratio of 1.94, a quick ratio of 1.78 and a debt-to-equity ratio of 43.09.

About Park Lawn

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services.