Pollard Banknote (TSE:PBL) Price Target Raised to C$46.00

Pollard Banknote (TSE:PBL) had its target price upped by Raymond James from C$44.00 to C$46.00 in a research report sent to investors on Friday morning,BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the stock. Acumen Capital dropped their price target on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. Canaccord Genuity Group lifted their price objective on Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Finally, Cormark reduced their target price on shares of Pollard Banknote from C$34.00 to C$33.00 in a research report on Thursday, August 15th.

Pollard Banknote Stock Down 0.8 %

PBL opened at C$25.90 on Friday. The company has a fifty day moving average of C$24.97 and a two-hundred day moving average of C$27.32. The stock has a market capitalization of C$700.85 million, a price-to-earnings ratio of 18.63 and a beta of 0.63. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78.

Insider Buying and Selling

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of Pollard Banknote stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total transaction of C$52,260.00. Over the last 90 days, insiders have sold 4,300 shares of company stock worth $110,510. 64.02% of the stock is owned by corporate insiders.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.