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Pollard Banknote ( (TSE:PBL) ) has provided an update.
Pollard Banknote has launched its first eInstant game, Fast Track Cash, in collaboration with the Virginia Lottery. This game marks an expansion in the Lottery’s digital offerings and aims to engage a broad player base while supporting public education funding in Virginia. The game, featuring a motorsports theme, is part of Pollard’s strategy to provide engaging, data-driven digital lottery experiences that align with traditional lottery products. This launch is expected to strengthen Pollard’s position as a key partner in the lottery industry and enhance its market presence in North America.
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, bolstered by revenue and profit growth, combined with bullish technical indicators, provides a positive outlook. The earnings call further supports this with robust sales and income growth. Valuation metrics suggest the stock is reasonably valued, while cash flow challenges and regulatory impacts present areas for improvement.
To see Spark’s full report on TSE:PBL stock, click here.
More about Pollard Banknote
Pollard Banknote is a leading lottery partner serving over 60 lotteries globally, offering high-quality instant ticket products, licensed games, and digital solutions. It provides a range of services including game apps, player engagement, and iLottery solutions, and is known for its innovation in maximizing lottery engagement and sales. The company, established in 1907, is publicly traded on the Toronto Stock Exchange and is owned by the Pollard family and public shareholders.
Average Trading Volume: 23,461
Technical Sentiment Signal: Sell
Current Market Cap: C$606.3M
For detailed information about PBL stock, go to TipRanks’ Stock Analysis page.