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Pollard Banknote ( (TSE:PBL) ) has shared an announcement.
Pollard Banknote has secured a significant contract with the National Lottery of Belgium to deliver a next-generation omnichannel gaming platform. This 12-year agreement, valued at approximately €177 million, marks a strategic advancement for Pollard Banknote as it deploys its Catalyst™ Gaming Platform for the first time. This platform will enhance the Lottery’s operations across retail and online channels, reinforcing Pollard Banknote’s position as a leader in digital lottery innovation and strengthening its long-standing partnership with Loterie Nationale.
The most recent analyst rating on (TSE:PBL) stock is a Buy with a C$25.00 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 Outperform.
Pollard Banknote’s overall score is driven by strong financial performance and positive technical indicators, reflecting robust growth and market momentum. However, financial risks from increased leverage and negative cash flow, along with challenges highlighted in the earnings call, moderate the score.
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, offering innovative solutions such as instant tickets, pull-tab tickets, and electronic gaming products. The company provides strategic marketing, portfolio management, and logistics services, and is known for its digital suite, including the Pollard Catalyst™ Gaming Platform. Established in 1907, it is publicly traded on the Toronto Stock Exchange.
Average Trading Volume: 17,953
Technical Sentiment Signal: Hold
Current Market Cap: C$625.3M
For a thorough assessment of PBL stock, go to TipRanks’ Stock Analysis page.