Raymond James Financial Lowers Pollard Banknote (TSE:PBL) Price Target to C$34.00

Key Points

• Analysts at Raymond James Financial have cut the price target for Pollard Banknote from C$39.00 to C$34.00, indicating a potential upside of 65.05% based on the stock's last close.
• As of Friday, Pollard Banknote shares traded at C$20.60, with a recent trading volume of 3,592 shares against an average of 19,255 shares.
• The company, which specializes in manufacturing lottery and charitable gaming products, has a market cap of C$568.23 million and a PE ratio of 11.82.

Pollard Banknote (TSE:PBL - Get Free Report) had its price objective dropped by analysts at Raymond James Financial from C$39.00 to C$34.00 in a note issued to investors on Friday,BayStreet.CA reports. Raymond James Financial's price objective points to a potential upside of 67.90% from the stock's current price. Raymond James Financial also issued estimates for Pollard Banknote's FY2026 earnings at $2.29 EPS.

Pollard Banknote Price Performance

Shares of PBL remained flat at C$20.25 during trading on Friday. The company's stock had a trading volume of 7,419 shares, compared to its average volume of 19,198. The business's fifty day moving average price is C$21.84 and its two-hundred day moving average price is C$21.73. Pollard Banknote has a one year low of C$17.19 and a one year high of C$29.89. The company has a market cap of C$558.57 million, a P/E ratio of 11.61 and a beta of 0.63. The company has a debt-to-equity ratio of 51.70, a quick ratio of 1.01 and a current ratio of 1.87.

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.