Laurentian Bank of Canada (TSE:LB) had its price objective decreased by CSFB from C$57.00 to C$55.00 in a report released on Tuesday, January 9th. CSFB’s price objective points to a potential upside of 3.73% from the stock’s previous close.
LB has been the subject of a number of other research reports. Desjardins decreased their price objective on shares of Laurentian Bank of Canada from C$60.00 to C$59.00 in a research report on Wednesday, December 6th. BMO Capital Markets upgraded shares of Laurentian Bank of Canada from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from C$57.00 to C$62.00 in a research report on Wednesday, December 6th. Scotiabank cut their target price on shares of Laurentian Bank of Canada from C$67.00 to C$64.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 6th. National Bank Financial boosted their target price on shares of Laurentian Bank of Canada from C$59.00 to C$60.00 and gave the stock a “sector perform” rating in a research note on Wednesday, December 6th. Finally, CIBC cut their target price on shares of Laurentian Bank of Canada from C$66.00 to C$60.00 in a research note on Monday, December 11th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of C$59.10.
Laurentian Bank of Canada (LB) opened at C$53.02 on Tuesday. The stock has a market cap of $2,070.00, a price-to-earnings ratio of 9.84 and a beta of 0.48. Laurentian Bank of Canada has a 1 year low of C$51.57 and a 1 year high of C$62.90.
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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.
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