Pollard Banknote (TSE:PBL) Price Target Raised to C$41.00 at ATB Cormark Capital Markets

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

Pollard Banknote Stock Performance

Shares of TSE:PBL opened at C$18.60 on Thursday. The firm’s 50 day simple moving average is C$19.39 and its 200-day simple moving average is C$19.99. 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 has a one year low of C$17.19 and a one year high of C$23.50. The firm has a market cap of C$503.46 million, a PE ratio of 18.24 and a beta of 0.87.

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

About Pollard Banknote

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.