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

Pollard Banknote (TSE:PBL) had its price objective increased by Raymond James from C$44.00 to C$46.00 in a research note published on Friday morning,BayStreet.CA reports.

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

Pollard Banknote Stock Performance

PBL opened at C$25.32 on Friday. The stock has a market cap of C$685.16 million, a P/E ratio of 18.22 and a beta of 0.63. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. The firm has a fifty day moving average price of C$24.97 and a 200 day moving average price of C$27.26. Pollard Banknote has a 1 year low of C$17.95 and a 1 year high of C$37.75.

Insider Transactions at Pollard Banknote

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$26.13, for a total value of C$52,260.00. Insiders sold 4,300 shares of company stock valued at $110,510 over the last 90 days. Corporate insiders own 64.02% of the company’s stock.

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.