Pollard Banknote Limited (TSE:PBL – Get Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$17.23 and traded as low as C$16.82. Pollard Banknote shares last traded at C$16.85, with a volume of 5,336 shares traded.
Analyst Ratings Changes
Several brokerages have commented on PBL. Raymond James Financial upgraded Pollard Banknote from a “market perform” rating to an “outperform” rating and increased their price target for the company from C$21.50 to C$28.00 in a report on Friday, August 14th. ATB Cormark Capital Markets dropped their price target on shares of Pollard Banknote from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 1st. Two equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Pollard Banknote currently has an average rating of “Buy” and an average price target of C$29.50.
Check Out Our Latest Analysis on PBL
Pollard Banknote Stock Up 0.9%
Pollard Banknote (TSE:PBL – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported C$0.32 earnings per share (EPS) for the quarter. The firm had revenue of C$154.83 million for the quarter. Pollard Banknote had a return on equity of 7.16% and a net margin of 4.48%. As a group, sell-side analysts predict that Pollard Banknote Limited will post 2.03 earnings per share for the current fiscal year.
About Pollard Banknote
Pollard Banknote is a partner of choice to responsibly drive revenues for good causes both at retail and through digital channels for lotteries and charitable gaming markets worldwide. We empower our customers to maximize success through innovative offerings, strategic marketing, portfolio management, analytics, and end-to-end warehousing and logistics services. We offer an extensive high-performing gaming lineup, including instant tickets, pull-tab tickets and vending machines, the full range of paper and electronic bingo products, and cutting-edge electronic pull-tab gaming solutions.
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