Park Lawn (TSE:PLC) had its target price hoisted by CIBC from C$27.00 to C$35.00 in a research report report published on Monday, BayStreet.CA reports.
Other analysts also recently issued reports about the stock. Canaccord Genuity boosted their target price on shares of Park Lawn from C$24.00 to C$25.00 in a report on Thursday, May 21st. Cormark boosted their price objective on Park Lawn from C$28.50 to C$33.50 in a research note on Monday. Finally, National Bank Financial reaffirmed an outperform rating and issued a C$26.00 price objective on shares of Park Lawn in a research note on Tuesday, July 14th.
Park Lawn stock opened at C$29.33 on Monday. Park Lawn has a 52-week low of C$15.58 and a 52-week high of C$31.77. The company has a quick ratio of 1.68, a current ratio of 2.19 and a debt-to-equity ratio of 41.08. The firm’s fifty day moving average is C$24.11 and its 200 day moving average is C$23.44. The company has a market cap of $740.33 million and a price-to-earnings ratio of 200.89.
The firm also recently declared a monthly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were paid a dividend of $0.038 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Thursday, July 30th. Park Lawn’s dividend payout ratio is currently 312.33%.
In other Park Lawn news, Director William John Ward bought 2,500 shares of Park Lawn stock in a transaction on Wednesday, July 15th. The shares were acquired at an average price of C$23.31 per share, for a total transaction of C$58,265.00. Following the completion of the purchase, the director now directly owns 17,641 shares in the company, valued at approximately C$411,141.15.
Park Lawn Company Profile
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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