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An update from Pollard Banknote ( (TSE:PBL) ) is now available.
Pollard Banknote has been selected by Loterie Nationale of Belgium to provide a comprehensive gaming platform, following a competitive procurement process. The 12-year contract, valued at €177 million, will enhance Pollard Banknote’s presence in the digital gaming sector and expand its existing relationship with the Belgian lottery. This contract underscores Pollard Banknote’s strength in offering end-to-end gaming solutions and is expected to bolster its market position and stakeholder value.
The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$21.50 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Spark’s Take on TSE:PBL Stock
According to Spark, TipRanks’ AI Analyst, TSE:PBL is a Neutral.
Pollard Banknote’s overall score is driven by strong revenue growth and improved profitability. However, financial risks from increased leverage and negative cash flow, along with bearish technical indicators, weigh on the score. The valuation is fair, and the earnings call reflects both achievements and challenges.
To see Spark’s full report on TSE:PBL stock, click here.
More about Pollard Banknote
Pollard Banknote is a global leader in the lottery and charitable gaming markets, providing innovative solutions to drive revenues for good causes. The company offers a wide range of products including instant tickets, pull-tab tickets, vending machines, and electronic gaming solutions. Pollard Banknote also provides digital services such as apps, websites, loyalty programs, and the Pollard Catalyst ™ Gaming Platform for iLottery programs. Established in 1907, it is publicly traded on the Toronto Stock Exchange.
Average Trading Volume: 14,752
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$536.2M
Find detailed analytics on PBL stock on TipRanks’ Stock Analysis page.