Park Lawn (PLC) Rating Reiterated by TD Securities

Park Lawn (TSE:PLC)‘s stock had its “buy” rating reaffirmed by investment analysts at TD Securities in a note issued to investors on Friday. They currently have a C$32.00 target price on the stock. TD Securities’ price target would suggest a potential upside of 34.74% from the stock’s previous close.

Separately, National Bank Financial lifted their price target on shares of Park Lawn from C$30.00 to C$32.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 15th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of C$30.08.

PLC opened at C$23.75 on Friday. Park Lawn has a fifty-two week low of C$19.54 and a fifty-two week high of C$27.95.

Park Lawn (TSE:PLC) last posted its quarterly earnings results on Tuesday, August 14th. The company reported C$0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.22 by C($0.04). The business had revenue of C$40.35 million for the quarter, compared to analysts’ expectations of C$39.73 million.

About Park Lawn

Park Lawn Corporation, together with its subsidiaries, provides goods and services associated with the disposition and memorialization of human remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes. The company also engages in chapels, planning offices, and transfer service businesses.

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Analyst Recommendations for Park Lawn (TSE:PLC)

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