Could PARK LAWN CORPORATION See a Reversal After This Very Weak Session?

 Could PARK LAWN CORPORATION See a Reversal After This Very Weak Session?

The stock of PARK LAWN CORPORATION (CVE:PLC) is a huge mover today! The stock last traded at $16.01 per share. It is down 38.30% since April 1, 2016 and is uptrending. It has outperformed by 36.34% the S&P500.
The move comes after 8 months negative chart setup for the $129.52 million company. It was reported on Nov, 8 by Barchart.com. We have $14.41 PT which if reached, will make CVE:PLC worth $12.95 million less.

PARK LAWN CORPORATION (CVE:PLC) Ratings Coverage

Out of 2 analysts covering Park Lawn Corp (CVE:PLC), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $19 is the highest target while $16 is the lowest. The $17.50 average target is 9.31% above today’s ($16.01) stock price. Park Lawn Corp has been the topic of 3 analyst reports since November 19, 2015 according to StockzIntelligence Inc. On Thursday, November 19 the stock rating was maintained by National Bank Canada with “Outperform”. The firm earned “Buy” rating on Friday, November 20 by Mackie.

More notable recent PARK LAWN CORPORATION (CVE:PLC) news were published by: Marketwatch.com which released: “Park Lawn Corporation Opens the Market” on October 19, 2016, also Marketwatch.com with their article: “Park Lawn Corporation Announces Graduation to TSX” published on October 17, 2016, Reuters.com published: “BRIEF-Park Lawn Corporation announces C$40 million bought deal offering” on November 01, 2016. More interesting news about PARK LAWN CORPORATION (CVE:PLC) were released by: Marketwired.com and their article: “Park Lawn Corporation Agrees to Acquire Midwest Memorial Group and Announces C …” published on December 02, 2015 as well as Marketwatch.com‘s news article titled: “Park Lawn Corporation Announces October 2016 Dividend” with publication date: October 24, 2016.

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