Pollard Banknote (TSE:PBL) PT Lowered to C$28.00 at Acumen Capital

Pollard Banknote (TSE:PBL) had its price target decreased by Acumen Capital from C$47.00 to C$28.00 in a research note published on Wednesday morning, BayStreet.CA reports. Acumen Capital currently has a buy rating on the stock.

Separately, Raymond James lowered their price target on Pollard Banknote from C$43.00 to C$40.50 in a report on Friday, May 10th.

Pollard Banknote Stock Performance

Shares of PBL stock traded down C$0.39 during mid-day trading on Wednesday, hitting C$18.36. 17,072 shares of the stock were exchanged, compared to its average volume of 12,598. The stock’s fifty day simple moving average is C$28.75 and its two-hundred day simple moving average is C$32.74. The stock has a market capitalization of C$496.82 million, a price-to-earnings ratio of 14.93 and a beta of 0.62. Pollard Banknote has a 12-month low of C$18.22 and a 12-month high of C$37.75. The company has a debt-to-equity ratio of 44.64, a quick ratio of 1.01 and a current ratio of 1.64.

Pollard Banknote (TSE:PBL) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C$0.25 earnings per share (EPS) for the quarter. Pollard Banknote had a return on equity of 12.17% and a net margin of 6.43%. The company had revenue of C$125.74 million for the quarter, compared to analyst estimates of C$132.30 million. On average, analysts forecast that Pollard Banknote will post 1.3992095 EPS for the current year.

Pollard Banknote Company Profile

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.