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

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

A number of other equities research analysts have also recently commented on PBL. Canaccord Genuity Group upped their target price on shares of Pollard Banknote from C$32.00 to C$36.00 and gave the company a “buy” rating in a report on Tuesday, August 27th. Acumen Capital reduced their price objective on Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating for the company in a research note on Wednesday, August 7th. Finally, Cormark lowered their target price on Pollard Banknote from C$34.00 to C$33.00 in a research note on Thursday, August 15th.

Pollard Banknote Price Performance

PBL stock opened at C$25.90 on Friday. The business has a 50 day simple moving average of C$24.97 and a 200-day simple moving average of C$27.32. The company has a market capitalization of C$700.85 million, a P/E ratio of 18.63 and a beta of 0.63. Pollard Banknote has a twelve month low of C$17.95 and a twelve month high of C$37.75. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 45.40.

Insider Buying and Selling at Pollard Banknote

In related news, Senior Officer Riva Jean Richard sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total value of C$52,260.00. In the last 90 days, insiders have sold 4,300 shares of company stock valued at $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.