The Laurentian Bank of Canada (LB) Earns “Sector Perform” Rating from Royal Bank of Canada

The Laurentian Bank of Canada (LB) Earns “Sector Perform” Rating from Royal Bank of Canada

Several other research firms have also recently weighed in on LB. CIBC boosted their target price on Laurentian Bank of Canada from C$59.00 to C$61.00 in a research note on Wednesday, February 15th. TD Securities cut Laurentian Bank of Canada from a buy rating to a hold rating and boosted their target price for the stock from C$61.00 to C$65.00 in a research note on Tuesday, February 21st. National Bank Financial restated a sector perform rating on shares of Laurentian Bank of Canada in a research note on Monday, February 20th. Barclays PLC boosted their target price on Laurentian Bank of Canada from C$52.00 to C$56.00 in a research note on Monday, February 13th. Finally, Scotiabank restated a sector perform rating and set a C$64.00 target price on shares of Laurentian Bank of Canada in a research note on Friday, March 3rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of C$59.10.

Royal Bank of Canada reissued their sector perform rating on shares of Laurentian Bank of Canada (TSE:LB) in a report released on Wednesday morning, StockTargetPrices.com reports. The firm currently has a C$57.00 target price on the stock.

Laurentian Bank of Canada (TSE:LB) opened at 52.40 on Wednesday. The stock’s 50 day moving average is $55.06 and its 200 day moving average is $57.19. The firm has a market cap of $1.78 billion and a P/E ratio of 12.19. Laurentian Bank of Canada has a 12-month low of $47.67 and a 12-month high of $61.67. About Laurentian Bank of Canada

Laurentian Bank of Canada is a Canada-based Chartered bank. The Bank and its subsidiaries provide banking services to individuals, and small and medium-sized enterprises, as well as to independent advisors across Canada. It also operates as a full-service brokerage firm. The Bank’s loan portfolio consists of personal loans, residential mortgage loans, commercial mortgage loans and commercial loans, including acceptances and finance lease receivables.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:LB”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Receive News & Ratings for Laurentian Bank of Canada Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Laurentian Bank of Canada and related companies with MarketBeat.com’s FREE daily email newsletter.

Related posts

Leave a Comment