Pollard Banknote (TSE:PBL) Price Target Raised to C$34.00 at Acumen Capital

Pollard Banknote (TSE:PBL) had its price objective raised by Acumen Capital from C$32.00 to C$34.00 in a research note published on Monday,BayStreet.CA reports. Acumen Capital currently has a buy rating on the stock.

Separately, Raymond James Financial lowered their target price on shares of Pollard Banknote from C$39.00 to C$34.00 in a research report on Friday, August 15th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$35.00.

Pollard Banknote Price Performance

Shares of TSE:PBL opened at C$22.91 on Monday. The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 51.70. Pollard Banknote has a 1 year low of C$17.19 and a 1 year high of C$29.89. The business has a fifty day simple moving average of C$20.71 and a 200 day simple moving average of C$20.51. The firm has a market cap of C$620.13 million, a price-to-earnings ratio of 17.49 and a beta of 0.57.

Insiders Place Their Bets

In other news, insider Jeffrey Versterre bought 2,407 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were acquired at an average cost of C$20.93 per share, with a total value of C$50,378.51. Following the completion of the transaction, the insider directly owned 2,407 shares in the company, valued at C$50,378.51. This represents a ∞ increase in their ownership of the stock. 64.02% of the stock is currently owned by company insiders.

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.