tiprankstipranks
Trending News
More News >

Pollard Banknote Extends Contract with Arizona Lottery for Continued Growth

Story Highlights
  • Pollard Banknote secures a three-year extension with Arizona Lottery for warehousing services.
  • The extension strengthens a 27-year partnership, supporting Arizona’s public programs and revenue growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pollard Banknote Extends Contract with Arizona Lottery for Continued Growth

Confident Investing Starts Here:

The latest update is out from Pollard Banknote ( (TSE:PBL) ).

Pollard Banknote has secured a three-year contract extension with the Arizona Lottery for warehousing and distribution services, with an option for an additional two years. This extension reinforces a 27-year partnership, enhancing operational efficiency and supporting the Lottery’s mission to generate funding for Arizona’s public programs. The collaboration includes a comprehensive staffing model that aids strategic planning and fosters a collaborative relationship, ultimately aiming to maximize revenue and support good causes in Arizona.

The most recent analyst rating on (TSE:PBL) stock is a Buy with a C$28.00 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 strong financial performance and positive earnings call insights are the primary drivers of its stock score. Technical analysis suggests short-term bullish momentum, but caution is advised due to overbought signals. Valuation is balanced, with the P/E ratio and dividend yield supporting the stock’s fair valuation.

To see Spark’s full report on TSE:PBL stock, click here.

More about Pollard Banknote

Pollard Banknote is a leading lottery partner to over 60 lotteries worldwide, offering high-quality instant ticket products, licensed games, and sales-driving merchandising solutions. The company provides a full suite of digital offerings, including game apps and iLottery solutions, and also supplies pull-tab tickets, bingo paper, and electronic gaming devices to charitable and gaming markets in North America. Established in 1907, it is publicly traded on the Toronto Stock Exchange.

Average Trading Volume: 26,668

Technical Sentiment Signal: Sell

Current Market Cap: C$604.4M

For a thorough assessment of PBL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1