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Pollard Banknote Secures Primary Contract with California Lottery

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Pollard Banknote Secures Primary Contract with California Lottery

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Pollard Banknote ( (TSE:PBL) ) has shared an announcement.

Pollard Banknote has been awarded the primary contract to supply Scratchers® products and related services to the California Lottery, marking a significant expansion of their long-standing partnership. This contract, expected to start in December 2025, will see Pollard Banknote providing approximately 70% of the Lottery’s Scratchers games, enhancing the Lottery’s offerings with innovative solutions and supporting its mission to fund California public education.

The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$23.50 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 stock score is driven by strong financial performance and promising earnings call highlights, tempered by technical analysis indicators suggesting potential overbought conditions and valuation metrics that are reasonable but not exceptional. The company’s ability to manage cash flow and leverage will be crucial for future growth.

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 a wide range of products including instant tickets, pull-tab tickets, vending machines, and electronic gaming solutions. The company provides strategic marketing, portfolio management, and logistics services, with a focus on driving revenues for good causes. Established in 1907, Pollard Banknote is publicly traded on the Toronto Stock Exchange and is owned by the Pollard family and public shareholders.

Average Trading Volume: 14,779

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$566.3M

For an in-depth examination of PBL stock, go to TipRanks’ Overview page.

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