Park Lawn (OTCMKTS:PRRWF) had its target price cut by Scotiabank from C$43.00 to C$42.00 in a research note issued to investors on Wednesday, The Fly reports. They currently have an outperform rating on the stock.
Several other analysts have also recently weighed in on PRRWF. Royal Bank of Canada upped their price objective on shares of Park Lawn from C$46.00 to C$50.00 and gave the stock an outperform rating in a research note on Tuesday, September 14th. National Bank Financial increased their price target on shares of Park Lawn from C$44.00 to C$44.50 and gave the company an outperform rating in a research note on Tuesday, September 7th. Finally, TD Securities increased their price target on shares of Park Lawn from C$38.00 to C$42.00 and gave the company a buy rating in a research note on Monday, August 16th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Park Lawn currently has a consensus rating of Buy and a consensus price target of $42.96.
Shares of OTCMKTS:PRRWF opened at $29.19 on Wednesday. Park Lawn has a 12 month low of $20.74 and a 12 month high of $29.20. The stock’s 50 day moving average price is $28.19 and its 200 day moving average price is $27.11.
Park Lawn Corporation, together with its subsidiaries, provides funeral, cremation, and cemetery services in Canada and the United States. The company owns and operates 123 cemeteries, 40 crematoriums, and 116 funeral homes. It primarily offers cemetery lots, crypts, niches, monuments, caskets, urns, and other merchandise, as well as funeral services and after life celebration services.
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