Pollard Banknote (TSE:PBL) Price Target Raised to C$41.00

Pollard Banknote (TSE:PBL) had its price objective upped by ATB Cormark Capital Markets from C$36.00 to C$41.00 in a research note published on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Pollard Banknote Stock Down 1.1%

Shares of TSE:PBL opened at C$18.40 on Thursday. The stock has a 50-day simple moving average of C$19.37 and a 200-day simple moving average of C$19.98. The stock has a market capitalization of C$498.05 million, a P/E ratio of 18.04 and a beta of 0.87. Pollard Banknote has a 1 year low of C$17.19 and a 1 year high of C$23.50. The company has a debt-to-equity ratio of 46.33, a quick ratio of 1.01 and a current ratio of 1.69.

Pollard Banknote (TSE:PBL) last posted its quarterly earnings results on Tuesday, March 10th. The company reported C$0.17 EPS for the quarter. Pollard Banknote had a net margin of 5.81% and a return on equity of 9.56%. The firm had revenue of C$150.76 million for the quarter. Equities analysts forecast that Pollard Banknote will post 2.0250184 earnings per share for the current year.

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.