National Bank Financial Raises Park Lawn (PLC) Price Target to C$31.50

Park Lawn (TSE:PLC) had its target price increased by National Bank Financial from C$29.00 to C$31.50 in a research note issued to investors on Wednesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

PLC has been the topic of a number of other research reports. Cormark raised shares of Park Lawn from a buy rating to a top pick rating and lifted their price target for the stock from C$26.75 to C$32.50 in a report on Thursday, March 28th. TD Securities lowered their price target on shares of Park Lawn from C$32.00 to C$31.00 and set a buy rating on the stock in a report on Friday, April 26th. Raymond James set a C$30.00 price target on shares of Park Lawn and gave the stock a strong-buy rating in a report on Wednesday, April 24th. Canaccord Genuity lifted their price target on shares of Park Lawn from C$29.50 to C$30.00 in a report on Thursday, March 28th. Finally, CIBC lifted their price target on shares of Park Lawn from C$26.00 to C$30.00 in a report on Thursday, March 28th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of C$32.43.

Shares of TSE PLC opened at C$27.69 on Wednesday. Park Lawn has a twelve month low of C$20.25 and a twelve month high of C$27.95. The company has a market capitalization of $775.41 million and a PE ratio of 85.20. The company has a current ratio of 2.85, a quick ratio of 2.23 and a debt-to-equity ratio of 23.98.

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

Park Lawn Company Profile

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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