ATB Cormark cuts target to CAD 31.00 for Pollard Banknote stock

Published on 10/17/2026 at 19:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was CAD 154.83 million. Pollard Banknote stock stood at CAD 16.76 on October 16, 2026, down 0.42 percent versus the prior close.

ATB Cormark target update

ATB Cormark reduced its Pollard Banknote target to CAD 31.00 on September 1, 2026.
Pollard Banknote reported CAD 154.83 million in second-quarter revenue for the period ended June 30, 2026.
Pollard Banknote stock stood at CAD 16.76 on the TSX on October 16, 2026 at 4:00 p.m. ET, down 0.42 percent versus the prior close.
Pollard Banknote scheduled third-quarter results for November 6, 2026, followed by a conference call on November 9, 2026.

PBL, CA73150R1055, Illustration mit AI erstellt.

ATB Cormark Capital Markets cut its Pollard Banknote target from CAD 32.00 to CAD 31.00 and kept an outperform rating in a research report dated September 1, 2026, as The Stock Observer reported. Pollard Banknote stock stood at CAD 16.76 on the TSX on October 16, 2026 at 4:00 p.m. ET, down 0.42 percent versus the prior close.

Revenue reached CAD 154.83 million

The company reported CAD 154.83 million in revenue for the second quarter ended June 30, 2026, and adjusted earnings per share of CAD 0.32, according to The Stock Observer. Revenue increased 8.50 percent from the second quarter of 2025, giving the latest operating comparison more weight than the small daily share-price move.

Stock stays above its yearly low

At CAD 16.76 on October 16, 2026, the stock was 6.75 percent above its CAD 15.70 52-week low and 26.43 percent below its CAD 22.78 52-week high. Trading volume was 5,918 shares against an average of 12,396 shares on the same date. The price therefore sat well inside its annual range rather than near either boundary.

Valuation and upcoming dates

Pollard Banknote had a market capitalization of CAD 453.6 million and a price-to-earnings ratio of 16.93 as of October 16, 2026. Placera reported that Pollard Banknote will release third-quarter 2026 results on November 6, 2026, after markets close, and hold its results call on November 9, 2026.

Trading context

Pollard Banknote operates in lottery and charitable gaming, supplying instant tickets, bingo products, retail displays and digital lottery systems. Its next scheduled results date gives the market a defined point for testing whether the second-quarter revenue growth carried into the third quarter.

Pollard Banknote last stood at CAD 16.76 on the TSX on October 16, 2026 at 4:00 p.m. ET, down 0.42 percent versus the prior close.