Raymond James Believes Park Lawn (TSX: PLC) Still Has Room to Grow

Today, an analyst has provided a rating update for Park Lawn (PLCResearch Report). Analyst Johann Rodrigues from Raymond James reiterated a Buy rating, with a C$32 price target.

Rodrigues has an average return of 7.4% when recommending Park Lawn.

According to TipRanks.com, Rodrigues is ranked #1665 out of 5183 analysts.

Currently, the analyst consensus on Park Lawn is a Strong Buy with an average price target of C$32.67, implying a 18.1% upside from current levels. In a report issued on May 8, GMP FirstEnergy also reiterated a Buy rating on the stock with a C$36 price target.

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The company has a one-year high of C$27.95 and a one-year low of C$20.25. Currently, Park Lawn has an average volume of 107.6K.

Park Lawn Corp. provides goods and services associated with the disposition and memorialization of human remains. Its products and services are sold on a pre-planned basis or at the time of a death. The company and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service.

The company’s shares closed on Thursday at C$27.66, close to its 52-week high of C$27.95.

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