Raymond James Has Lowered Expectations for Pollard Banknote (TSE:PBL) Stock Price

Pollard Banknote (TSE:PBL) had its price target cut by equities researchers at Raymond James from C$46.00 to C$39.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price target would suggest a potential upside of 84.66% from the company’s previous close.

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

Pollard Banknote Stock Performance

Shares of PBL stock opened at C$21.12 on Tuesday. The company has a 50 day moving average price of C$26.43 and a 200-day moving average price of C$25.37. Pollard Banknote has a 52 week low of C$17.95 and a 52 week high of C$37.50. The firm has a market capitalization of C$582.57 million, a PE ratio of 12.11 and a beta of 0.63. The company has a quick ratio of 1.01, a current ratio of 1.87 and a debt-to-equity ratio of 51.70.

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.