Park Lawn Co. (TSE:PLC – Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$26.42 and last traded at C$26.42, with a volume of 60815 shares. The stock had previously closed at C$26.39.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Acumen Capital lifted their price objective on shares of Park Lawn from C$23.00 to C$24.00 in a research note on Monday, May 13th. National Bankshares boosted their price target 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. Cormark increased their price objective on Park Lawn from C$24.00 to C$26.50 in a report on Wednesday, June 5th. CIBC lowered 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 report on Tuesday, June 4th. Finally, Stifel Nicolaus increased their price target on Park Lawn from C$22.00 to C$26.50 and gave the company a “buy” rating in a report on Tuesday, June 4th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$24.44.
Get Our Latest Stock Report on Park Lawn
Park Lawn Trading Up 0.2 %
Park Lawn (TSE:PLC – Get Free Report) last released its earnings results on Thursday, May 9th. The company reported C$0.29 EPS for the quarter, beating the consensus estimate of C$0.27 by C$0.02. The firm had revenue of C$102.99 million during the quarter, compared to analysts’ expectations of C$102.11 million. Park Lawn had a negative net margin of 2.10% and a negative return on equity of 1.26%. On average, equities analysts expect that Park Lawn Co. will post 1.084724 EPS for the current fiscal year.
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.
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