Park Lawn Co. (TSE:PLC) Receives C$24.44 Average Price Target from Analysts

Park Lawn Co. (TSE:PLC) has received an average rating of “Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$24.44.

PLC has been the topic of a number of research analyst reports. National Bankshares boosted their target price on Park Lawn from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 14th. CIBC downgraded Park Lawn from a “neutral” rating to a “tender” rating and boosted their target price for the stock from C$21.00 to C$26.50 in a research report on Tuesday, June 4th. Cormark boosted their target price on Park Lawn from C$24.00 to C$26.50 in a research report on Wednesday, June 5th. Acumen Capital boosted their target price on Park Lawn from C$23.00 to C$24.00 in a research report on Monday, May 13th. Finally, Stifel Nicolaus boosted their target price on Park Lawn from C$22.00 to C$26.50 and gave the stock a “buy” rating in a research report on Tuesday, June 4th.

Park Lawn Stock Performance

The firm’s 50-day moving average is C$26.26 and its 200-day moving average is C$21.02. Park Lawn has a fifty-two week low of C$15.48 and a fifty-two week high of C$26.51. The company has a market capitalization of C$904.82 million, a price-to-earnings ratio of -94.57, a PEG ratio of 14.67 and a beta of 1.13. The company has a quick ratio of 1.78, a current ratio of 1.94 and a debt-to-equity ratio of 43.09.

Park Lawn Company Profile

Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services.