Park Lawn Co. (TSE:PLC) Given Average Recommendation of “Buy” by Analysts

Shares of Park Lawn Co. (TSE:PLC) have been assigned an average recommendation of “Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$24.44.

Several research firms have commented on PLC. Acumen Capital boosted their target price on shares of Park Lawn from C$23.00 to C$24.00 in a research report on Monday, May 13th. CIBC downgraded shares of 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. Stifel Nicolaus boosted their target price on shares of 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. Cormark boosted their target price on shares of Park Lawn from C$24.00 to C$26.50 in a research report on Wednesday, June 5th. Finally, National Bankshares boosted their target price on shares of 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.

Park Lawn Stock Performance

The firm has a market cap 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 current ratio of 1.94, a quick ratio of 1.78 and a debt-to-equity ratio of 43.09. The company has a fifty day moving average of C$26.26 and a 200 day moving average of C$21.02. Park Lawn has a 12 month low of C$15.48 and a 12 month high of C$26.51.

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.