Park Lawn (PLC) Earns “Average” Rating from GMP Securities

GMP Securities reaffirmed their average rating on shares of Park Lawn (TSE:PLC) in a research report sent to investors on Monday, AnalystRatings.com reports. GMP Securities currently has a C$36.00 target price on the stock.

PLC has been the topic of several other reports. Raymond James reaffirmed a strong-buy rating and issued a C$30.00 target price on shares of Park Lawn in a research report on Thursday, March 28th. CIBC increased their target price on Park Lawn from C$26.00 to C$30.00 in a research report on Thursday, March 28th. Cormark raised Park Lawn from a buy rating to a top pick rating and increased their target price for the stock from C$26.75 to C$32.50 in a research report on Thursday, March 28th. TD Securities dropped their target price on Park Lawn from C$32.00 to C$31.00 and set a buy rating on the stock in a research report on Friday, April 26th. Finally, National Bank Financial dropped their target price on Park Lawn from C$30.00 to C$28.00 and set an outperform rating on the stock in a research report on Friday, March 15th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Park Lawn has a consensus rating of Buy and a consensus target price of C$31.79.

Shares of TSE PLC opened at C$26.70 on Monday. Park Lawn has a 1-year low of C$20.25 and a 1-year high of C$27.95. The company has a current ratio of 2.85, a quick ratio of 2.23 and a debt-to-equity ratio of 23.98. The firm has a market capitalization of $775.41 million and a price-to-earnings ratio of 82.15.

Park Lawn (TSE:PLC) last issued its earnings results on Tuesday, March 26th. The company reported C$0.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.20 by C$0.01. The company had revenue of C$50.63 million during the quarter, compared to analyst estimates of C$49.40 million. Sell-side analysts anticipate that Park Lawn will post 1.13999996954028 EPS for the current fiscal year.

About Park Lawn

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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