Pollard Banknote (TSE:PBL) Given New C$37.00 Price Target at Cormark

Pollard Banknote (TSE:PBL) had its price objective cut by Cormark from C$42.00 to C$37.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

Separately, Raymond James lowered their target price on Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th.

Pollard Banknote Trading Down 1.1 %

PBL stock opened at C$20.12 on Thursday. The business has a fifty day moving average price of C$25.44 and a 200 day moving average price of C$25.04. The company has a debt-to-equity ratio of 51.70, a current ratio of 1.87 and a quick ratio of 1.01. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.50. The stock has a market capitalization of C$554.99 million, a price-to-earnings ratio of 11.54 and a beta of 0.63.

Pollard Banknote Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Monday, March 31st. Pollard Banknote’s dividend payout ratio (DPR) is presently 11.47%.

Pollard Banknote Company Profile

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.