Park Lawn’s (PLC) Average Rating Reaffirmed at GMP Securities

GMP Securities reaffirmed their average rating on shares of Park Lawn (TSE:PLC) in a research note released on Monday, AnalystRatings.com reports. The firm currently has a C$36.00 price objective on the stock.

PLC has been the topic of several other research reports. Raymond James reiterated a strong-buy rating and set a C$30.00 price target on shares of Park Lawn in a research report on Thursday, March 28th. CIBC boosted their price objective on Park Lawn from C$26.00 to C$30.00 in a report on Thursday, March 28th. Cormark raised Park Lawn from a buy rating to a top pick rating and boosted their price objective for the stock from C$26.75 to C$32.50 in a report on Thursday, March 28th. TD Securities dropped their price objective on Park Lawn from C$32.00 to C$31.00 and set a buy rating for the company in a report on Friday, April 26th. Finally, National Bank Financial dropped their price objective on Park Lawn from C$30.00 to C$28.00 and set an outperform rating for the company in a report on Friday, March 15th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of C$32.43.

Shares of TSE PLC opened at C$27.64 on Monday. The stock has a market cap of $775.41 million and a P/E ratio of 85.05. The company has a debt-to-equity ratio of 23.98, a quick ratio of 2.23 and a current ratio of 2.85. Park Lawn has a 12-month low of C$20.25 and a 12-month high of C$27.95.

Park Lawn (TSE:PLC) last issued its quarterly earnings results on Tuesday, March 26th. The company reported C$0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.20 by C$0.01. The company had revenue of C$50.63 million for the quarter, compared to analyst estimates of C$49.40 million. On average, sell-side analysts forecast that Park Lawn will post 1.16999988825844 earnings per share for the current fiscal year.

About Park Lawn

Park Lawn Corporation, together with its subsidiaries, provides deathcare products and services in North America. The company owns and operates cemeteries, crematoriums, and funeral homes. It also offers cemetery lots, crypts, niches, monuments, caskets, urns, and other merchandise, as well as funeral services and after life celebration services.

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Analyst Recommendations for Park Lawn (TSE:PLC)

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